Former NBA player Damon Jones expected to plead guilty in pair of alleged gambling scheme cases

Former NBA player and coach Damon Jones is expected to plead guilty in two cases alleging his involvement in illegal gambling rings, according to a court order entered Thursday. Jones initially pleaded not guilty on Nov. 6. The new plea was referred from the judge overseeing the case in Brooklyn federal court to Magistrate Judge Joseph A. … Read more

Trump waives Jones Act for 60 days in effort to ease energy prices

President Trump on Wednesday issued a 60-day waiver of the Jones Act, a move aimed at lowering energy prices by letting foreign ships move fuel between U.S. ports. The 100-year-old law requires goods shipped between American ports to be carried on ships that are U.S.-built, -flagged and -crewed, and also limits the number of tankers … Read more

What to know about the Jones Act as Trump considers a waiver during the Iran war

NEW YORK — As the U.S. and Israel’s war against Iran continues to upend energy markets and supply chains worldwide, the Trump administration says it might suspend maritime shipping requirements under a more than century-old law known as the Jones Act. The Jones Act requires that goods hauled between U.S. ports be moved on U.S.-flagged … Read more

Trump weighs Jones Act waiver amid rising fuel prices, White House says

The Trump administration is prepared to waive the Jones Act to loosen shipping rules as the Iran war continues, the White House said Thursday.  The 100-year-old statute requires goods shipped between U.S. ports to be carried on ships that are U.S.-built, U.S.-flagged and U.S.-crewed, and it limits the number of tankers domestic shippers can use. … Read more