Uber, Lyft stocks surge as Trump scraps Biden-era contractor rule

Uber Technologies (NYSE:UBER) rose 4% on Thursday, while DoorDash (NASDAQ:DASH) gained 4%, Lyft (NASDAQ:LYFT) climbed 4%, and Maplebear (NASDAQ:CART) advanced 3.3% after the Trump administration moved ...
The National Law Review

Uber Employees? Re: Independent Contractors

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
ABC7 San Francisco

Uber, Lyft willing to pay drivers guaranteed wages and benefits if workers can remain independent contractors

SACRAMENTO, Calif. -- Uber and Lyft said Wednesday they are willing to pay California drivers a guaranteed base wage and provide flexible benefits if lawmakers allow the companies to continue treating ...
JD Supra

California Supreme Court Unanimously Rules that Uber, Lyft Drivers May Remain Classified as Independent Contractors

On July 25, 2024, the California Supreme Court unanimously ruled that Uber Technologies Inc. (“Uber”) and Lyft Inc. (“Lyft”) can continue classifying their California drivers as independent ...
Law

Uber's Rocky Journey Through Pa. Trials Highlights Risks and Strategies for Managing Independent Contractors

In an unusual ruling, Pennsylvania federal judge Michael M. Baylson invoked a court's inherent powers to manage its docket in dismissing with prejudice a long-running lawsuit against Uber Technologies ...
WESA

Uber says it has a solution to Pa.’s public transit funding problem. There’s a big catch.

FILE - In this Jan. 31, 2018, file photo, a Lyft logo is installed on a Lyft driver's car next to an Uber sticker in Pittsburgh. Uber is trying to sell Pennsylvania lawmakers on a partial solution to ...
JD Supra

Court Upholds Law Classifying App-Based Drivers as Independent Contractors: Does What Happens in California, Stay in California?

The California Supreme Court recently upheld a California law that classifies drivers for app-based transportation companies, such as Uber, Lyft, or DoorDash, as independent contractors and not ...