Q1 Gig Economy Earnings Review: First Prize Goes to Lyft (NASDAQ:LYFT)
Uber and Lyft Drivers Remain Independent Contractors in California Supreme Court Ruling
Uber Technologies, Lyft, and Doordash win in California gig worker ruling.
Uber Technologies and Lyft can continue to classify drivers in California as independent contractors. Previously, the state's highest court said that a law supported by the companies and passed by voters did not improperly limit the legislature's power over worker protections. The unanimous ruling, announced on Thursday, supports Proposition 22 in California, which was backed by a majority of voters in 2020. The ruling is bullish for the gig economy companies, eliminate a major regulatory uncertainty for investors. If the judges had ruled Proposition 22 invalid and drivers were reclassified as employees, these companies could potentially face millions of dollars in additional costs.
Express News | Everlance And Lyft Announce Strategic Partnership To Enhance Rideshare Driver Ecosystem; Collaboration Aims To Provide Tax Savings And Exclusive Discounts On Everlance Premium Products For Lyft Drivers
Lyft and Everlance Partner to Provide Tax Savings to Drivers
Uber And LYFT Shares Are Volatile Today: What You Need To Know
Lyft, Payfare Extend Partnership on Lyft Direct
Uber and Lyft Win California Judgment to Treat Drivers as Contractors -- Update
Express News | Uber up 2.3%, Lyft up 1.8% After California Court Upholds Measure to Treat Co's Drivers as Independent Contractors
Express News | The California Supreme Court Ruled That App-Based Drivers Like Those For Uber, Lyft And DoorDash Can Be Classified As Independent Contractors Under Proposition 22, And This Does Not Conflict With The State Constitution
Express News | California Top Court Upholds Ballot Measure Treating Uber, Lyft Drivers as Independent Contractors
Express News | Lyft and Payfare Announce Long Term Extension of Lyft Direct Program
Lyft Inc Options Spot-On: On July 24th, 113.41K Contracts Were Traded, With 488.87K Open Interest
Tesla Earnings Call: Elon Musk Talks Robotaxi Delay, Energy Upside, Discounting Downside, and Calls Out Nvidia
Lyft's President Sverchek to Leave Company - Filing
Lyft Announces President Kristin Sverchek To Depart As Employee Effective August 20, 2024
Express News | Lyft Inc - Kristin Sverchek, Co's President and Co Agreed to Terms Pursuant to Which Sverchek Will Depart Co as an Employee Effective Aug 20
Express News | 'The Waymo-Zeekr Robotaxi Has Come to San Francisco' - TechCrunch
Jefferies Maintains Lyft Inc(LYFT.US) With Hold Rating, Cuts Target Price to $13.5
Melius Research Starts Lyft at Hold With $15 Price Target