Uber's trying to snow voters with a supposedly pro-consumer ballot initiative. Don't buy it [Los Angeles Times (CA)]
Uber Technologies, Inc. (UBER)
Last uber technologies, inc. earnings: 2/6 04:05 pm
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Source: Los Angeles Times
Uber loves to define itself as a most public-spirited company. “We're reimagining how the world moves ... to help make transportation more affordable, sustainable, and accessible for all ,” as the ride-sharing giant declares on its website. In 2020, when it spent nearly $100 million to pass Proposition 22, which overturned a state law designating its drivers as employees, gaining them benefits such as a minimum wage and workers compensation coverage, it described the goal of the ballot measure as granting the drivers “the flexibility to decide when, where and how they work .” Never mind that the initiative protected Uber's business model, which involves sticking its “independent contractor” drivers with the cost of fuel, insurance and wear and tear on their vehicles. The initiative passed. San Francisco-based Uber is now back in the ballot initiative game, this time with a proposal for a state constitutional amendment capping the fees of plaintiffs' lawyers representing victims
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UBER
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- 11/4/25 - Beat
UBER
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- 1/13/26 - Form 4
- 1/13/26 - Form 4
- 1/13/26 - Form 4
- UBER's page on the SEC website