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WASHINGTON, D.C. – The Federal Trade Commission (FTC) and a coalition of 48 attorneys general have filed lawsuits against Facebook, accusing the company of illegally stifling its competition to protect its “monopoly power.”The lawsuits allege that Facebook illegally acquired competitors in a predatory manner and cut services to smaller threats, depriving users from the benefits of competition and reducing privacy protections along the way. They claim Facebook took these actions to boost its bottom line through increased advertising revenue.The FTC says it's seeking a permanent injunction in federal court that could require divestitures of assets, including Instagram and WhatsApp. It could also prohibit Facebook from imposing anticompetitive conditions on software developers and require the company to seek prior notice and approval for future mergers and acquisitions.New York Attorney General Letitia James is leading the bipartisan coalition, which includes attorneys general from 46 states, Washington D.C. and Guam. Their goal is to “stop Facebook’s anticompetitive conduct,” according James.“Today, we are taking action to stand up for the millions of consumers and many small businesses that have been harmed by Facebook’s illegal behavior,” said James in a statement. “Instead of competing on the merits, Facebook used its power to suppress competition so it could take advantage of users and make billions by converting personal data into a cash cow.”The coalition's lawsuit claims Facebook employs a variety of methods to impede competing services and “build a competitive moat” around the company. The plaintiffs claim the two most utilized strategies have been to acquire smaller rivals and potential rivals before they can threaten Facebook’s dominance, as well as suffocating and squashing third-party developers that Facebook invited to utilize its platform.The attorneys general use Facebook’s purchases of Instagram and WhatsApp as examples. They claim Facebook saw Instagram as a direct threat quickly after the company launched, so they acquired it for billion in 2012. The company then bought WhatsApp for billion in 2014.The coalition of AGs is asking the U.S. District Court for the District of Columbia to halt Facebook’s “illegal, anticompetitive conduct” and block the company from continuing this behavior in the future.Additionally, the collation is asking the court to restrain Facebook from making further acquisitions valued at million or more without advance notice to the states.Finally, they’re asking the court to provide any additional relief it determines is appropriate, including the divestiture or restructuring of illegally acquired companies, or current Facebook assets or business lines.Responding to the lawsuits, Facebook released this statement on Twitter: 2831

We received great news from our rehabilitation facility! The bear that was rescued outside of the #EastCanyonFire is doing very well and has even gained some weight. The bear is almost ready to have its bandages taken off and should be released in the coming weeks. pic.twitter.com/VNl5tDt2Yn— Colorado Parks and Wildlife (@COParksWildlife) July 7, 2020 361

WASHINGTON (AP) — The Trump administration has laid down rules aimed at preventing residents in high-tax states from avoiding a new cap on widely popular state and local tax deductions. The action over the new Republican tax law pits the government against high-tax, heavily Democratic states in an election-year showdown.The Treasury Department's rules released Thursday target moves by states like New York, New Jersey and California — where residents could see substantial increases in their federal tax bills next spring because of the ,000 cap on state and local deductions. Experts say the issue likely will have to be resolved by the federal courts.Four states — Connecticut, Maryland, New Jersey and New York — already have sued the federal government over the deduction cap, asserting it's aimed at hurting a group of Democratic states and tramples on their constitutional budget-making authority.A dozen states have taken or are considering measures to get around the cap. Most of the workarounds take advantage of federal deductions for charitable contributions — which aren't capped — in place of the old deductions for paying state and local income taxes. So people's state and local taxes exceeding ,000, which can't be deducted, are turned into deductible charitable donations.The new rules' "dollar-for-dollar" limit also applies to many other states that already have charitable funds offering tax breaks, senior Treasury officials said. Those states include solidly Republican ones and others with relatively low taxes. In those programs, donors to schools, hospitals or land conservation programs can get their state taxes reduced in return — plus a charitable deduction on their federal tax returns.The limit means taxpayers only can deduct as a charitable contribution the portion of their donation for which they don't also get a state tax credit.But some experts said the Treasury rules seem to be designed to protect those existing charitable programs in some states. An exception to the "dollar-for-dollar" requirement "plainly appears to be designed to protect certain ... pre-existing state regimes," said Daniel Rosen, a tax lawyer at Baker McKenzie who is a former IRS official.Treasury said it expects that only about 1 percent of all U.S. taxpayers would see a reduction of their tax credits for donations to private-school voucher fund. Several states — Alabama, Arizona, Georgia, Montana and South Carolina — allow taxpayers who donate to private-school funds to get a 100 percent credit against their state taxes, according to data compiled by the Institute on Taxation and Economic Policy.___HOW DO THE LIMITS WORK UNDER THE NEW RULES?Dollar-for-dollar: When a taxpayer receives a benefit in return for donating to charity, the taxpayer should only be able to deduct the net value of the donation as a charitable contribution, Treasury says.An example: You donate ,000 to a charity in a state that offers a 70 percent tax credit, so 0 in this case. You would only be able to claim a 0 charitable deduction on your federal return.There is an exception. If the state tax credits don't exceed 15 percent of the amount donated, so up to a 0 state tax credit on a ,000 donation, the taxpayer could claim the full amount as a charitable deduction.___WHY IS THIS IMPORTANT?Taxpayers could have less incentive to donate without getting a deduction or having the deduction reduced.All states rely on property and income taxes to fund an array of services such as education, health care and public safety. Advocates for restoring the full state and local deductions say that the reduced property tax deduction brings a decrease in the value of taxpayers' homes, possibly spurring residents of high-tax states to move elsewhere and crimping funding for local programs.___WHAT'S HAPPENING IN THE HIGH-TAX STATES?Measures designed to work around the ,000 cap have been adopted in Connecticut, New Jersey, New York and Oregon, and introduced or explored publicly by officials in California, Illinois, Maryland, Nebraska, Rhode Island, Virginia, Washington and the District of Columbia.New York Gov. Andrew Cuomo, a Democrat, has called the state-local deduction cap an "assault" on New York by Trump and Republican lawmakers in Washington.In some key "blue" states:—Connecticut has a new law establishing a state charitable fund; donors can get tax credits in exchange for giving.—In New Jersey, where high local property taxes are the major issue, the state is allowing local schools and governments to use the charitable workaround. But so far, no towns have notified authorities that they've set up funds to receive contributions — because state regulators haven't issued the necessary rules, experts say.—New York is offering three options: One like Connecticut's, one like New Jersey's and another to let employers pay payroll taxes for employees, who would receive credits to cancel out the income taxes they would have paid otherwise.—In Maryland, about 500,000 residents — over 18 percent of state taxpayers — will together lose .5 billion in state and local deductions, according to state estimates.___Mulvihill reported from Cherry Hill, New Jersey. Associated Press writer Michael Catalini in Trenton, New Jersey, contributed to this report. 5305

WASHINGTON (AP) — Senate Majority Leader Mitch McConnell says the Senate will vote on a trimmed-down Republican coronavirus relief package, though it has a slim chance of passage in the face of Democrats’ insistence for more sweeping aid. He says the GOP will introduce a new targeted proposal, focused on healthcare, education, and economic issues. The Kentucky Republican released the approximately 0 billion measure as senators returned to Washington for an abbreviated pre-election session, as hopes are dimming for another coronavirus relief bill — or much else.McConnell is under pressure from GOP senators in tough reelection races. Those senators are eager to show constituents they are working to ease the pandemic’s strain on jobs and businesses. McConnell’s bill would provide 5 billion to help schools reopen, enact a shield against lawsuits for businesses and others that are powering ahead to reopen, create a scaled-back 0-per-week supplemental jobless benefit, and write off billion in earlier debt at the U.S. Postal Service. There’s billion for a coronavirus vaccine, billion for virus testing and billion to help child care providers reopen. There is additionally billion for farmers.McConnell acknowledged the package he will be putting forward “does not contain every idea our party likes.” And he said it was far less than what Democrats are seeking.But many Senate Republicans are resisting more spending. Talks between top Democrats and the Trump administration broke off last month. 1544

We're highlighting people taking action on behalf of racial equality in their everyday life. That includes a woman who started a parody Twitter account centered around the neighborhood network Nextdoor.“I just found that Nextdoor brought so much levity to my day, at least in my neighborhood, because Glenn Park is a really quiet residential neighborhood in San Fran, so I had this one neighbor that would complain about someone rearranging her lawn gnomes every single day at 4 p.m. like on the dot,” said Jenn Takahashi, the creator of the @BestofNextdoor Twitter account.Takahashi says she basically started the twitter account to make other people laugh. She posted passive aggressive arguments between neighbors, people helping each other and other funny posts.However, she says she also got a lot of submissions that weighed heavy on her and highlighted what she described as racism running rampant.“I always struggled with that because I didn’t want to put that negative energy back out there, but at the same time, I feel like those stories need to be told also,” she said.Recently, Takahashi tweeted Nextdoor’s tweet saying “black lives matter” with another person's post that got taken down for the same thing. Since then, people have shared even more stories of unexplained censored or deleted similar posts.A petition was even started to get racial bias training for Nextdoor neighborhood leads or moderators, among other demands.“I did not realize how completely what a mess their lead program was,” said Takahashi. “These people don’t have any training at all.”Since all this, Nextdoor has said it will "better educate our neighbors on what is and is not allowed on the platform, drawing a firm line against racist behavior and removing comments and members who violate the rules.”Nextdoor also ended a feature that allowed users to forward their posts directly to a local police department. 1913