by Megan Rose Dickey | May 20, 2019 | News
IPO-bound Postmates is under fire right now after making some changes to its payments structure for its delivery workers. Organizers at Working Washington say these changes can reduce pay for typical jobs by up to 30 percent. Up until this past weekend, Postmates...
by Megan Rose Dickey | May 15, 2019 | News
There has been an ongoing debate regarding whether or not gig-economy drivers for Uber and Lyft are independent contractors or employees, who would be eligible for benefits. The National Labor Relations Board recently ruled Uber drivers, specifically between 2015 and...
by Megan Rose Dickey | May 13, 2019 | News
It’s not looking great for ride-hailing giant Uber (NYSE: UBER). Today, Uber closed its second day of trading down more than 18.8 percent from its IPO price at $37.25 per share with a market cap of $62.2 billion. Uber, which was previously valued at $72 billion by...
by Megan Rose Dickey | May 9, 2019 | News
Uber has set its initial public offering at $45 per share, per reports, raising $8.1 billion in the process. Uber has yet to officially disclose its IPO price. The price, which falls at the low end of Uber’s planned range, values Uber at $82.4 billion. The pricing...
by Megan Rose Dickey | May 8, 2019 | News
Ahead of Uber’s IPO, more than100 people are protesting outside of the transportation company’s headquarters in San Francisco. They’re here demanding four key things: better wages, transparent policies, benefits and a voice, Uber driver and Gig Workers Rising member...
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