Uber, DoorDash, Lyft stocks rise after Prop. 22 ruling in California

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Shares of Uber Technologies Inc. Lyft Inc. and DoorDash Inc. ended higher Tuesday, a day after a California appeals court handed them a partial victory that...

Shares of Uber Technologies Inc.

and DoorDash Inc. Lyft Inc.

 

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This is great news for gig workers in California! Prop22

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Uber, Lyft Score Victory as California Court Affirms Right to Treat Drivers as ContractorsA California appeals court decision preserves the companies’ independent-contract model in the state and could bolster their efforts elsewhere. Yess!!! Way to go Democrats. Really looking out for the working person. Uber and lyft should now move ahead with cheaply rates distance based fares buses to compete directly with poorly run govt ran public transit services.
Source: WSJ - 🏆 98. / 63 Read more »

California court rules for Uber, Lyft in ride-hailing caseA California appeals court has ruled companies like Uber and Lyft do not have to treat their drivers as employees
Source: WOKVNews - 🏆 247. / 63 Read more »

California court rules for Uber, Lyft in ride-hailing caseA California appeals court has ruled companies like Uber and Lyft do not have to treat their drivers as employees. Big mistake! One of the main reasons I don’t take either is bc no background checks are done on their drivers. Could have changed over the years tho(?). But, if someone attacked by driver of either RideShare, then both Uber & lyft safe from a lawsuit! Need to be partially tho. well that's certainly makes customers like myself feel all fuzzy inside .. so are your drivers serial killers and pedophiles Uber lyft 💬
Source: KPIXtv - 🏆 443. / 53 Read more »

Uber, Lyft can keep treating California drivers as independent contractors court rulesEmployees are covered by a broad range of labor laws that guarantee them certain benefits while independent contractors are not. Monday's ruling allows rideshare companies to keep treating drivers as independent contractors. Good! So sick and tired of California legislators making EVERYTHING more expensive with ridiculous regulations💯🖕🏽 Uber and Lyft: 'We created an app that can hook up those who need a ride with those who can give a ride' Those willing to give a ride: 'Cool, so we work for Lyft and Uber now, right?' Uber and Lyft: 'Wait, what?'
Source: FOXLA - 🏆 445. / 53 Read more »