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The grand jury's criminal investigation started by special counsel investigators is "continuing robustly," a federal prosecutor said Wednesday, even though Robert Mueller filed his report on Russian interference in the 2016 election with the Justice Department last week.In a federal court hearing about whether the name of the company and country that's been fighting a subpoena from Mueller since last summer should be revealed, Chief Judge Beryl Howell asked prosecutor David Goodhand, point-blank, if the grand jury investigation is over."No, it's continuing. I can say it's continuing robustly," said Goodhand, an assistant prosecutor in the DC US attorney office.There were no prosecutors from Mueller's office in court. The special counsel's office has handed over the subpoena case to the DC US attorney's office. It remains unclear what part of Mueller's investigation is ongoing and if more criminal charges could still come.The continuing work, even after Mueller declared his investigation had concluded, further raises questions about what was being investigated with few clues so far about what country it is or the company, which the special counsel has previously said is not a target of the investigation but has information needed by prosecutors.Attorney General William Barr wrote in his letter to Congress that several matters had been referred by Mueller to other federal prosecutor offices.The hearing was held to discuss whether the name of the company and other details could be made public. The company does not want its identity revealed, its lawyers said in court.Howell did not make a decision Wednesday, but acknowledged that it would be harder under the law to reveal the company's identity if there continues to be an active investigation. 1782

The Federal Trade Commission announced a billion settlement with Facebook on Wednesday, resolving a sweeping investigation by regulators into how the company lost control over massive troves of personal data and mishandled its communications with users. It is the largest fine in FTC history — and yet still only about a month's worth of revenue for Facebook.The deal comes amid growing calls in Washington for greater transparency and accountability for technology companies, whose power over social movements as well as personal information has increasingly come to be seen as dangerous by politicians, users, and even one of Facebook's co-founders.Facebook agreed to the deal following years of damaging admissions about the company's privacy practices, such as the inadvertent exposure of up to 87 million users' information to the political analysis firm Cambridge Analytica.The settlement resolves a formal complaint by the FTC alleging that Facebook "used deceptive disclosures and settings" that eroded user privacy, violating a prior agreement Facebook signed with the commission in 2012. Facebook also broke the law, the FTC alleged, by misusing phone numbers obtained for account security purposes to also target advertisements to its users. And the company allegedly deceived "tens of millions of users" by implying that a facial recognition feature on the service had not been enabled by default, when in fact it had."The magnitude of the billion penalty and sweeping conduct relief are unprecedented in the history of the FTC," said Chairman Joseph Simons in a statement. "The relief is designed not only to punish future violations but, more importantly, to change Facebook's entire privacy culture to decrease the likelihood of continued violations."Facebook did not immediately respond to a request for comment.The FTC settlement — which also covers Facebook subsidiaries Instagram and WhatsApp — could set the tone for a wave of further action by policymakers worldwide as they seek to rein in the most powerful players in Silicon Valley.The billion fine is nearly 30 times the FTC's largest-ever civil penalty to date — 8 million, which was levied on Dish Network in 2017 — reflecting the tremendous scale of Facebook's operations, as well as the enormity of its self-admitted mistakes.In addition to the record civil penalty, Facebook also agreed to accept greater oversight of its privacy practices. Under the FTC deal, Facebook's board will form a privacy oversight committee made up of independent members who cannot be fired by CEO Mark Zuckerberg alone. That committee will be charged with appointing still other officials who must periodically and truthfully certify that Facebook is complying with the FTC agreement, or risk being held personally liable. Zuckerberg will also be required to make those same certifications, the FTC said."False certifications would subject Mr. Zuckerberg and the [designated compliance officers] to personal liability, including civil and criminal penalties," Simons said in a statement written jointly with the Commission's two other Republican members, Christine Wilson and Noah Phillips.The FTC also required that regular third-party assessments of Facebook's privacy practices not rely on company materials but instead on the auditor's own fact-finding.The FTC voted 3-2 to approve the settlement, with the agency's two Democrats dissenting because they believed the measure did not go far enough. In dissents, Commissioners Rohit Chopra and Rebecca Slaughter said they believed the fines were far too small, and that the FTC wrongfully gave Zuckerberg and Facebook COO Sheryl Sandberg a pass."Failing to hold them accountable only encourages other officers to be similarly neglectful in discharging their legal obligations," wrote Chopra. "In my view, it is appropriate to charge officers and directors personally when there is reason to believe that they have meaningfully participated in unlawful conduct, or negligently turned a blind eye toward their subordinates doing the same."Other prominent tech critics, including Democratic Sen. Richard Blumenthal of Connecticut and Missouri Republican Sen. Josh Hawley, have said a billion fine would be "a bargain" for Facebook. In an earnings report earlier this year, Facebook said it was setting aside billion to help cover expenses related to the expected penalty. It reported quarterly revenues of billion at the time and its stock rose after it announced the charge, signaling investors were relieved by the probable outcome.For more than a year, Facebook — once the darling of policymakers and a celebrated example of American ingenuity — has lurched from crisis to crisis.This past October, for example, Facebook disclosed that hackers had compromised tens of millions of accounts by exploiting a series of software flaws, culminating in their ability to impersonate users and take over their profiles.The following month, Facebook 4985

The IRS and the Treasury Department say Americans will start receiving their economic impact checks in the next three weeks.The payments are part of the .2 trillion 179

The Institute for Health Metrics and Evaluation has published projections on just how the onslaught of COVID-19 cases are expected to impact the nation and all 50 states in the coming weeks. The data, which the White House has used to help advise President Donald Trump and members of the coronavirus task force, is dubbed the "Chris Murray Model." The Chris Murray Model is made available through the University of Washington website. It is updated every morning based on testing from around the country.Dr. Debroah Birx, a member of the White House coronavirus task force, said that the data is consistent with projections used from 12 other sources the White House has relied on to model its COVID-19 projections. "We’ve reviewed 12 different models, and then we went back to the drawing board over the last week or two, and worked from the ground up utilizing actual reporting of cases," Birx said in a White House briefing on Sunday. "It’s the way we built the HIV model, the TB model, and the malaria model. When we finished, the other group that was working in parallel which we didn’t know about, (Institute for Health Metrics and Evaluation) and Chris Murray, ended up at the same numbers. So if you go on his website, you can see the concern that we had with the growing number of potential fatalities.” As of Tuesday, the Chris Murray Model projects that the United States would see a peak demand of ICU visits around April 11 and hospitalizations on April 15. The data also projects that the national peak of deaths per day would come around April 15. Unfortunately, the data suggests that the demand in most states will far exceed the supply for ICU beds. In New York, the number of patients requiring an ICU bed will exceed the supply of such beds by 12 times, based on the projection. In Louisiana, the demand for ICU beds is expected to be three times the supply. The Chris Murray Model does offer some optimism that the United States will successfully "flatten the curve." Only a handful of states are expected to have a shortage of overall hospital beds. It also shows that numbers in most states will begin to tail off by early May, although some states, such as Virginia, could still be dealing with a number of cases well into June. The model also assumes that every state will maintain social distancing guidelines through the duration of the epidemic, which offers a key variable on how the numbers could change. The Chris Murray Model does have a slightly more optimistic outlook on the number of fatalities compared to official White House figures. The Chris Murray Model projects a death toll of nearly 84,000 COVID-19-related deaths into the summer, giving an overall projected range of nearly 36,000 to 154,000. The White House said on Tuesday that it is projecting a national death toll of 100,000 to 240,000. The projection shows that as many Americans will die from COVID-19 in April compared to an entire high-end flu season, even with social distancing guidelines in place. Click 3025

The Dow tumbled more than 950 points at one point on Monday and global stocks were in disarray after China escalated the trade war with the United States.The Dow finished down 767 points for the day. The Chinese government devalued the yuan to fall below its 7-to-1 ratio with the US dollar for the first time in a decade Monday. A weaker currency could soften the blow the United States has dealt China with its tariffs.The weak yuan ignited fear on Wall Street that a currency war has begun or that the United States would respond with even higher tariffs, prolonging the standoff with China and potentially weakening the global economy. Investors are particularly concerned that the Trump administration could try to devalue the dollar, sparking a currency war that could weaken Americans' purchasing power."Risks of Trump intervening in foreign exchange markets have increased with China letting the yuan go," wrote Viraj Patel, FX and global macro strategist at Arkera, 987

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