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UBER - Wall Street Breakfast: Reshaping The Gig Economy
Uber Technologies Inc.
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California lawmakers have approved a landmark bill that requires companies like Uber (UBER), Lyft (LYFT) and DoorDash (DOORD) to treat contract workers as employees. Some estimates suggest costs for those firms would increase by 30% as a result, while opponents of the bill say it will hurt those people who want to work flexible hours. The bill, known as Assembly Bill 5, may also influence other states. A