Business

Worker struggles with gig economy giants

In the battle between workers and gig economy giants, Uber notched up a rare win Monday when a court in California upheld a state law letting the company treat its drivers as independent contractors rather than employees.

Business

UK food giant Deliveroo set for £7.6bn London IPO

Britain's app-driven food delivery firm Deliveroo is set for London's largest stock market launch in a decade with a valuation of £7.6 billion, despite mounting criticism over its treatment of riders.

Business

Uber, Postmates sue to challenge California's new labor law

Ride-share company Uber and on-demand meal delivery service Postmates sued Monday to block a broad new California law aimed at giving wage and benefit protections to people who work as independent contractors.

Business

Lyft loses money again but eyes profits in about 2 years

Lyft is continuing to lose staggering sums of money as it barrels ahead with impressive revenue growth, but its executives said they believe the company will turn a corner and reach profitability in about two years.

Business

Amazon to raise average hourly pay by $1 to $19 in October

Amazon said Wednesday it's raising its average starting pay for frontline workers from $18 to $19 a hour, a boost that could help it attract more employees in a tight labor market as the holiday season approaches.

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 ...

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