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WASHINGTON (AP) — The U.S. Supreme Court has preserved an important tool used by securities regulators to recoup ill-gotten gains in fraud cases.The justices said by an 8-1 vote Monday that the Securities and Exchange Commission can seek to recover the money through a process called disgorgement.Last year, the SEC obtained .2 billion in repayment of profits from people who have been found to violate securities law.Justice Sonia Sotomayor wrote for the court that the award must be limited to no more than “a wrongdoer’s net profits."Justice Clarence Thomas dissented. 581

Wednesday is the second and last day of Amazon’s Prime Day sales event.Though, it's not the only retailer trying to get your business this time of year. Target also started its own deal days Tuesday. And Walmart actually got a head start and started offering deals on Sunday.Popcart is a browser extension that helps you compare prices online. They say you might want to walk away from deals on last year's electronics.“Those may appear to be amazing deals because of the markdown, and that’s an interesting point about shopping online that what seems to be a very good deal, because you see 50% off, may not actually be the best deal you can get,” said Omri Traub, founder and CEO of Popcart.This week isn't your only chance to score savings.“Amazon and those biggest retailers want to spread out your shopping over a longer time period, because they’re going to face incredible pressure to deliver everything on time, to deliver many more items than they have in previous years,” said Traub.The competitive prices Walmart and Target offer this week may be foreshadowing what's to come on Black Friday. 1111

WASHINGTON (AP) -- The U.S. Navy has fired two senior commanders in the Pacific region in connection with recent deadly collisions of Navy ships, as part of a sweeping purge of leadership in the Japan-based fleet.The announcement comes a day before the top U.S. Navy officer and the Navy secretary are scheduled to go to Capitol Hill for a hearing on the ship crashes.The USS John S. McCain and an oil tanker collided in Southeast Asia last month, leaving 10 U.S. sailors dead and five injured. And seven sailors died in June when the USS Fitzgerald and a container ship collided in waters off Japan. Two of the sailors were from San Diego County.RELATED: San Diego sailors killed in collisionThe latest dismissals bring the number of fired senior commanders to six, including the top three officers of the Fitzgerald.  832

WASHINGTON (AP) — The United States added 1.8 million jobs in July, a pullback from the gains of May and June and evidence that the resurgent coronavirus is stalling hiring and slowing an economic rebound. With confirmed viral cases still elevated in much of the nation and businesses under continued pressure, many employers appear reluctant or unable to hire. The unemployment rate did decline in July from 11.1% to 10.2%, though that still exceeds the highest rate during the 2008-2009 Great Recession.July’s job gain was much lower than June’s 4.8 million and May’s 2.7 million jobs, both of which were revised slightly.Even counting the hiring of the past three months, the economy has now recovered only about 42% of the 22 million jobs it lost to the pandemic-induced recession, according to the Labor Department’s jobs report released Friday. 858

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