Previous Close | 5.8000 |
Open | 3.0000 |
Bid | 1.5100 |
Ask | 3.9000 |
Strike | 72.00 |
Expire Date | 2024-06-07 |
Day's Range | 3.0000 - 3.0000 |
Contract Range | N/A |
Volume | |
Open Interest | 9 |
A California law classifying Uber and other ride-hail and delivery drivers as employees rather than independent contractors is constitutional, federal court says.
We recently published a list of 9 Best Stocks to Buy in 2024 According to Billionaire George Soros. Since Uber Technologies Inc (NYSE:UBER) ranks 9th in the list, it deserves a deeper look. Billionaire George Soros has been one of the most active and divisive figures in the Wall Street. Often a right-wing target, the billionaire handed […]
(Reuters) -A U.S. appeals court on Monday rejected a bid by Uber and subsidiary Postmates to revive a challenge to a California law that could force the companies to treat drivers as employees rather than independent contractors who are typically less expensive. An 11-judge panel of the 9th U.S. Circuit Court of Appeals in San Francisco upheld a lower court ruling that said Uber failed to show that the 2020 state law known as AB5 unfairly singled out app-based transportation companies while exempting other industries. Uber in a statement on Monday said the ruling would not change the status of its relationships with its drivers, who are considered to be contractors under a 2020 ballot initiative known as Proposition 22.