Supreme Court rules Helix Energy oil rig worker who makes $200,000 is entitled to overtime
Helix Energy Solutions Group argued to the Supreme Court that oil rig worker Michael Hewitt was not owed overtime despite working more than 80 hours per week.
Dick’s Sporting Goods to buy e-commerce outdoor retailer Moosejaw from Walmart
Dick’s Sporting Goods is looking to grow its share in the multibillion-dollar outdoor market by acquiring e-commerce retailer Moosejaw from Walmart.
More colleges set to close even as top schools experience application boom
Even as college applications surge, a number of institutions are in financial jeopardy.
Amazon closes deal to buy primary care provider One Medical
The e-retailer agreed last July to acquire One Medical to deepen its presence in health care.
Dillard’s downgraded at JPMorgan, citing disappointing fourth-quarter results
The bank highlighted weaker sales and increased markdowns during the holiday season as troubling signs for the retailer.
Intel slashes dividend by over 65%, to 12.5 cents
Intel slashed its dividend from 36.5 cents to 12.5 cents, a 65% reduction that comes just weeks after the chipmaker announced wide-ranging compensation cuts.
NASA’s $3.5 billion plan to redesign its aging spacesuits
NASA’s turning to commercial companies Axiom Space and Collins Aerospace, a subsidiary of Raytheon Technologies, to build and maintain its new spacesuits.
Terran Orbital surges 71% after winning $2.4 billion contract to build satellites for Rivada
Terran Orbital shares surged after the company announced a $2.4 billion contract to build communications satellites for Rivada.
There’s ‘nothing thesis-changing’ about Coinbase despite fourth-quarter beat, some Wall Street firms say
The cryptocurrency exchange topped earnings and revenue estimates in its fourth-quarter earnings, but it also posted user numbers that disappointed analysts.
