Jacobs says planned spinoff continues of its Critical Mission Solutions business, which employs 16,000 of its 60,000 employees, but KBR said on Aug. 21 that a rumored purchase "does not align with ... its capital deployment and strategic priorities and thus is not being pursued.”

Dec. 3 ruling in conservative court supports claim of unclear government authority, halting order only in Kentucky, Ohio and Tennessee; separately, Cincinnati court declines government request to accelerate appeal of halt to OSHA vaccine rule for large private employers, and NYC orders new mandate for all businesses.

With Q2 loss now $1.6B as of Aug. 1, Canada firm pulls out of four large shortlisted bids; CEO splits design, construction to new units, terms industry model "broken."