Tag: sharing
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DoorDash doubles down on ‘earn by time’ and millionaires are doing something unusual to preserve their wealth — which you can do
[ad_1] Hi, MarketWatchers. Don’t miss these top stories. DoorDash worker gets $10,000 gift from the company: ‘I almost started crying’ DoorDash celebrated its 10th anniversary by giving back to its “most loyal Dashers.” Read More ‘We’ve never seen this before’: Millionaires are doing something unusual to preserve their wealth — and you can do the…
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California Supreme Court agrees to hear Prop. 22 appeal after ruling favoring Uber, Lyft
[ad_1] The California Supreme Court on Wednesday agreed to hear the appeal of a state appeals court decision that let most of a state law on gig-worker classification stand. The March ruling upholding Proposition 22, a law that was passed by 58% of California voters in 2020, was a victory for Uber Technologies Inc. UBER,…
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DoorDash worker gets $10,000 gift from the company: ‘I almost started crying’
[ad_1] For one DoorDash delivery worker who received a $10,000 gift from the company this week, it couldn’t have come at a better time. “My husband cut his hand and had been on workers’ comp, so it’s been kind of rough lately,” Peggie, a Michigan resident who asked for privacy reasons that her last name…
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Could Uber’s stock cruise to $70? Barclays thinks it can keep riding higher in a big way.
[ad_1] Uber Technologies Inc. shares have been on a tear this year, but Barclays analyst Ross Sandler sees ample room for the dominant ride-hailing name to continue cruising. In the face of the 76% move higher in Uber shares UBER, +1.24% so far in 2023, he lifted his price target on Uber’s stock to $57…
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Uber, Lyft drivers would get help with deactivations under NYC bill
[ad_1] New York City is considering a bill that would address a top issue for its tens of thousands of ride-hailing drivers: getting kicked off apps like Uber and Lyft. The bill, sponsored by City Councilman Shekar Krishnan and introduced Thursday, would establish an appeal process for driver deactivations that would involve the city. If…
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Getaround stock rallies 114% after deal to buy HyreCar
[ad_1] Shares of car-sharing company Getaround Inc. skyrocketed 114% in the extended session Thursday after the company said it plans to buy all of the assets of HyreCar Inc., which offers car rentals for gig-economy drivers, for $9.45 million. The acquisition is expected to accelerate Getaround’s GETR, -6.20% “path to profitability,” the company said. The…