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Stock impact report

Status of Uber, Lyft gig workers hinges on Massachusetts court fight [Yahoo! Finance Canada]

Lyft, Inc. - Class A (LYFT) 
Last lyft, inc. - class a earnings: 2/11 04:05 pm Check Earnings Report
ride-share drivers for Uber and Lyft should be treated as independent contractors or employees entitled to benefits and wage protections. The state's top court is set to hear arguments on Monday over whether to let dueling ballot measures go before voters in November that would redefine the relationship between app-based drivers and companies like Uber, Lyft, Instacart and DoorDash whose businesses help fuel the gig worker economy. An industry-backed proposal would treat app-based drivers for these companies as independent contractors entitled to some new benefits but would make clear they are not employees. A labor-backed proposal would let Uber and Lyft drivers unionize. ADVERTISEMENT Uber and Lyft also are preparing to face trial on May 13 in a civil lawsuit filed in 2020 by Maura Healey, who was the state's attorney general at the time and is now its Democratic governor. Massachusetts accuses the companies of unlawfully classifying their drivers as contractors to avoid tre Show less Read more
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