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Uber, Lyft, and DoorDash are gearing up for a $90 million fight in California - here's why they oppose the state's new gig-worker bill and what they're proposing instead

7 days ago   |   By Business Insider

California senators passed Assembly Bill 5 , a proposed law that could be devastating for Uber and Lyft.
The companies, along with others like DoorDash and Postmates, have proposed an alternative that would give workers many of their desired benefits, without the classification as employees.
Visit Business Insider's homepage for more stories .
California senators on Tuesday passed Assembly Bill 5 , a proposed law that's now likely to be signed by the Governor and one that Uber and Lyft have fought heavily against.
The law, which would take effect January 1 if signed by Gov. Gavin Newsom...
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California Law Making Gig Workers Employees Could Hit Uber, Lyft & Others

California Law Making Gig Workers Employees Could Hit Uber, Lyft & Others

7 days ago   |   By Forbes

Under the new law, workers in California could only be considered independent contractors if the work they do is outside the usual company business. Can Uber or Lyft claim its drivers are ancillary, somehow not the core, the very reason those companies are operating? It's hard to see how.
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Trump reportedly praised the clean-cut look of his new National Security...

Trump reportedly praised the clean-cut look of his new National Security Adviser, after complaining about predecessor John Bolton's bushy mustache

President Trump has enthused about the well-tailored appearance of his new national security adviser, Robert C. O'Brien, The New York Times reported. The president had... Read more ...

'He has to answer for it': Canadian politicians pile on Justin Trudeau over...

'He has to answer for it': Canadian politicians pile on Justin Trudeau over his 'brownface' Aladdin outfit from 2001

Politicians in Canada condemned Prime Minister Justin Trudeau on Wednesday after the publication of a photograph showing him wearing brownface make-up in 2001. The photograph... Read more ...

Trump signed his $147-million replacement border wall with a Sharpie

Trump signed his $147-million replacement border wall with a Sharpie

President Donald Trump visited the $147-million border wall replacement project in Otay Mesa, California, on Wednesday, and called it "amazing." While no new border wall has... Read more ...

Stocks finished mixed as the Fed remains divided over further rate cuts

Stocks finished mixed as the Fed remains divided over further rate cuts

Stocks finished mixed on Wednesday after the Federal Reserve delivered a highly anticipated cut to its benchmark interest rate. US indexes sank further into negative territory... Read more ...

Sandy Hook parents made a chilling back-to-school video that shows the...

Sandy Hook parents made a chilling back-to-school video that shows the horrifying reality of school shootings

The Sandy Hook Promise , a nonprofit founded by families of those whose loved ones were killed in the Sandy Hook Elementary School shooting in 2012, released a back-to-school... Read more ...

A Pennsylvania man used a drone to drop explosives on his ex-girlfriend's...

A Pennsylvania man used a drone to drop explosives on his ex-girlfriend's house, prosecutors say

Prosecutors have accused a Pennsylvania business owner, of strapping improvised explosives to a drone and flying it over his ex-girlfriend's house. Jason Muzzicato, a Bangor... Read more ...

No, the UFOs or 'unidentified aerial phenomena' in those grainy Navy videos...

No, the UFOs or 'unidentified aerial phenomena' in those grainy Navy videos probably aren't aliens

A group of videos, including one published by The New York Times in 2017 , shows US Navy pilots baffled by mysterious objects in the sky. The Navy has confirmed that the... Read more ...

'Bond King' Jeff Gundlach says the Fed may start expanding its balance sheet...

'Bond King' Jeff Gundlach says the Fed may start expanding its balance sheet after injecting $128 billion into markets

Jeffrey Gundlach said that the Federal Reserve may look to expand its balance sheet after a spike in overnight purchase agreements that prompted the Fed to put $128 billion... Read more ...

A divided Fed cuts key rate for 2nd time this year

A divided Fed cuts key rate for 2nd time this year

The Fed's key rate influences many consumer and business loans. Read more ...

View from the top: Inside the Billionaire's Row skyscraper that just became...

View from the top: Inside the Billionaire's Row skyscraper that just became the tallest residential building in the world at 1,550 feet

Central Park Tower , a luxury residential skyscraper on Billionaires' Row in New York City , has officially reached its full height of 1,550 feet. That makes it the tallest... Read more ...