Judge Unlikely to Make Uber Treat California Drivers as Employees

Despite claims that Uber’s business model deprives California of tax dollars and makes it spend more on public assistance for low-paid workers, a federal judge signaled Thursday he will likely deny a request for an injunction that would force Uber to treat its drivers as employees.

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Uber Shares Hover Near Low as Investors Sue Post-IPO

Shareholders claim in a class action that in the lead-up to its initial public offering, Uber Technologies Inc. failed to warn investors about “rapidly increasing subsidies for customer rides and meals in a bid for market share” while “at the same time, cutting (or planning to cut) costs in key areas that undermined Uber’s central growth opportunities.”

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Gig-Economy Giants Will Back $90M Ballot Measure to Stop California Labor Bill

Gig economy giants on Thursday threatened to pour $90 million into a ballot measure to defeat a piece of California legislation that would classify their workers as employees entitled to minimum wage and overtime, rather than as independent contractors.

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