Straits Times Index
3,309.21 -12.87 (-0.39%) S&P 500
5,336.92 -23.87 (-0.45%) Dow
38,546.51 -321.53 (-0.83%) Nasdaq
17,160.56 -31.96 (-0.19%) Bitcoin USD
66,918.37 -2,518.72 (-3.63%) CMC Crypto 200
1,388.14 -53.49 (-3.71%)
UBER Jan 2026 22.500 call
- LA Times
Court says California regulation on Uber drivers is justified, but labor fight continues
A California law classifying Uber and other ride-hail and delivery drivers as employees rather than independent contractors is constitutional, federal court says.
- Insider Monkey
Is Uber Technologies Inc (NYSE:UBER) Billionaire George Soros’s Best Stock Pick in 2024?
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
Uber loses challenge to California gig work law in US appeals court
(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.
