Business

Boeing lifts China plane demand outlook as economy picks up

Plane-making giant Boeing said Thursday it expects China to buy more than 8,600 new aeroplanes worth $1.4 trillion in the next two decades, increasing its forecast as the country recovers from the coronavirus outbreak.

Business

California governor signs law making gig workers employees

California Governor Gavin Newsom signed legislation Wednesday which could slam the brakes on the so-called "gig economy" by requiring rideshare firms to treat contract drivers as employees, challenging the economic models ...

California law on rideshare drivers may hurt 'gig economy'

Labor activists Wednesday were celebrating California's move to have drivers treated as employees by rideshare firms even as it fueled concerns it will hurt digital platforms depending on the so-called "gig economy."