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-0.00145483401666445 -0.00158709165454292 -0.00171934929242158 -0.00105806110302868 0.00211612220605754 -0.0006612881893929 0.00780320063483671 0.00409998677423624
Stock impact report

Trump administration moves to nix Biden-era rule on independent contractors [Yahoo! Finance]

Maplebear Inc. (CART) 
US:NASDAQ Investor Relations: snl.com/irw/corporateprofile/4715924
Company Research Source: Yahoo! Finance
groups for making it harder to classify workers as independent contractors rather than ?employees, who can cost a company more. The U.S. Department of Labor released a proposal to repeal the ?2024 rule, which it said was legally flawed and had deprived many workers of the flexibility that comes with independent contracting. The rule, which the ?department stopped enforcing after Trump took office last year, requires a company to treat workers as employees under federal wage law when they are "economically dependent" on the company for work. The proposal would replace the rule with a standard favored by business groups that focuses on how much control companies have over workers. TRUCKING, RETAIL SALES AMONG INDUSTRIES TO BENEFIT Getting rid of it ?will be a boon to companies ?in a range of industries, including trucking, healthcare, retail sales and app-based transportation and delivery services such as Uber and Instacart, which rely heavily on contractors and have been accuse Show less Read more
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