California is moving to codify a sweeping court decision curbing employers’ use of independent contractors, and the new law is unlikely to exempt Uber, Lyft and other app-based technology companies.
home care, newspapers and even strip clubs have grappled with similar complaints.
Those occupations are already regulated by other statutes but adding them to the bill makes their exemption more explicit. “We don’t want to stop true independent contractors from having their own little businesses. But we don’t want to continue this farce of large businesses declaring their people are independent contractors. These workers miss out on all benefits of being an employee.”urged the Legislature to “suspend or postpone the application of the Dynamex decision
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‘I'm really struggling’ — Facing pay cuts, some ride-hailing drivers prepare to strikeLed by a group called Rideshare Drivers United, Uber and Lyft contractors in Los Angeles are planning a strike after Uber slashed the per-mile pay from $0.80 to $0.60.
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Uber and Lyft drivers in Los Angeles strike over low paySome Uber and Lyft drivers in Los Angeles held a 25-hour strike to protest wage cuts and working conditions. The work stoppage was spurred by Uber’s recent announcement of a 25% cut in drivers' pay per mile in Los Angeles and parts of Orange County.
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Here's what you should know about the IPO processUber, Lyft, Pinterest and Airbnb plan to break into the public market. Here's how the process unfolds.
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Inside the Lyft roadshow in NYC where investors packed the penthouse of a $1,000 a night hotelLyft would not provide a timeline for reaching profitability, but stressed that it would not engage in a price war with rival Uber.
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Lyft, Uber and Pinterest are going public. Here's what the process looks likeAs 2019 is quickly becoming 'the year of the IPO,' here's how going public has changed in the last 10 years.
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Here's what could bring an end to the market's IPO high, according to one expertWall Street's reaction to money-losing companies like Lyft and Uber going public is a key factor in whether their valuations can hold up, says Renaissance Capital's Kathleen Smith.
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Lyft will be the first ride-hailing company to ever go public. Here’s how its numbers compare to Uber.All eyes will be on Lyft as it IPOs next week. Here's how it compares to its much larger competitor, Uber, on almost every metric.
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