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Uber Technologies ' (NYSE: UBER) stock price plunged 10% on Oct. 11 after the U.S. Labor Department unveiled a new proposal that will force employers to reclassify some independent contractors -- including janitors, construction workers, delivery workers, and ride-share drivers -- a...
Summary Cell Tower REITs have been slammed harder than any property sector over the past three months, weighed down by tech-related weakness and disruptive threats to the long-term competitive positioning. Concerns over emerging - and potentially competing - satellite technologies...
On October 11, Uber stocks fell 10.42%, and the day’s trading session ended with Uber Technologies Inc.’s ( NYSE:UBER ) stock priced at 24.66 per share. The steep drop might be attributed to the new labor restrictions that the Biden administration suggested a...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Against a discouraging legal backdrop, Lyft (NASDAQ: LYFT ) gained 4% on Wednesday morning before shooting up 7% in the afternoon session. Although a White House proposal to reclassify independent contractors — o...
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Uber ( NYSE: UBER ) was left by the curb, Tuesday, as investors drove the ride-sharing giant's shares tumbled more than 10% due to uncertainty over potential changes in the employment status of the company's drivers. At issue was a proposal from the Biden Administration ...
Uber ( NYSE:UBER ) As of 11:06 a.m. Eastern Time on Tuesday, Uber ( NYSE:UBER ) stock price was down 9%. The U.S. Department of Labor’s proposed rule change would essentially turn certain independent contractors into full-fledged employees of ridesharing businesses. Bec...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Among today’s relatively broad move higher across most indices, certain stocks are not participating in this upside. Among today’s biggest losers is ride hailing company Uber (NYSE: UBER ), down ...
Oct. 11 (UPI) -- The U.S. Department of Labor will introduce guidance on which workers are employees and which are independent contractors under the Fair Labor Standards Act. In a news release , the Department of Labor said it would introduce the proposed rule on Oct. 13, statin...
Uber Technologies Inc ( NYSE: UBER ) is in focus this morning after the U.S. Department of Labour proposed a new rule that “could” disable it from classifying its gig workers as independent contractors. Why is it a bad thing for Uber shares? If adopted, the pro...
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Uber Technologies, Inc. (NYSE: UBER) is one today's most active stocks by volume. So far today, approximately 28.33M shares of Uber Technologies, Inc. have been exchanged, as compared to an average 30-day volume of 17.34M shares. Uber Technologies, Inc. develops and operates proprietary techno...
Cartken’s AI-powered sidewalk robots will begin operating in Fairfax, Virginia Building on a successful pilot of autonomous deliveries in Miami, Florida, Uber Technologies, Inc. (NYSE: UBER) and Cartken , an AI-powered robotics company, today announced an expansion of the...
Uber Eats Adds PetSmart to Growing List of North American Retailers PR Newswire PetSmart becomes the first national pet retailer on the Uber Eats app across the US and Canada for on-demand and scheduled delivery of must-have items. SAN FRANCISCO , April 1...