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Stock impact report

Uber, Lyft and Teamsters Seek Gig Compromise in Washington State [Business News Network (BNN) (Canada)]

Uber Technologies, Inc. (UBER) 
Last uber technologies, inc. earnings: 2/6 04:05 pm Check Earnings Report
At a Wednesday labor committee hearing, state House lawmakers considered a bill that would give ride-hail drivers new perks such as paid sick leave, while also deeming them not to be employees with full traditional workplace rights. “It has been a real joint effort between transportation network companies -- Uber and Lyft -- and the Teamsters union who represents the drivers,” the bill's sponsor and committee's vice chair, Democrat Liz Berry, said at the start of the hearing. “These groups have been negotiating for years and this bill is the culmination of the work.” Representatives of the union and the companies at the hearing described the legislation as a promising work in progress that would still need further amending. Uber's regional public policy manager, Allison Ford, called it “a starting point for what could become a statewide legislative solution” but that still “needs additional work before we can support it.” Lyft's regional government relations lead, Chris Thomas, Show less Read more
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