Uber and Lyft Drivers Face Hurdles to Stimulus Bill Benefits [The New York Times]
Uber Technologies, Inc. (UBER)
Last uber technologies, inc. earnings: 2/6 04:05 pm
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Source: The New York Times
Shortly after the Senate approved a huge stimulus bill in late March that made gig workers and other contractors eligible for unemployment assistance during the coronavirus pandemic, Uber’s chief executive, Dara Khosrowshahi, rejoiced on Twitter.“Thanks to the Senate for supporting 1.3M @Uber drivers & delivery people,” hewroteBut a variety of obstacles — including the difficulty of bringing decades-old state unemployment systems up to speed and strict eligibility guidelines from the Labor Department — have left most drivers unable to take advantage so far.And many states have no experience with accommodating such workers.Lori Simmons, until recently a full-time Uber and Lyft driver in Chicago, said that when she applied for unemployment benefits in mid-March, before the federal legislation passed, the claims representative seemed unacquainted with the status of gig workers.“She had no idea,” said Ms. Simmons, who has helped to organize Uber and Lyft drivers. “She was like, ‘Oh, ride-
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UBER
News
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- Uber Technologies (NYSE:UBER) was upgraded by analysts at BNP Paribas to a "strong-buy" rating.MarketBeat
- Uber's trying to snow voters with a supposedly pro-consumer ballot initiative. Don't buy it [Los Angeles Times (CA)]Los Angeles Times
UBER
Earnings
- 11/4/25 - Beat
UBER
Sec Filings
- 1/13/26 - Form 4
- 1/13/26 - Form 4
- 1/13/26 - Form 4
- UBER's page on the SEC website