Uber and Lyft drivers secure $32.50 an hour minimum wage in Massachusetts
CNN
Uber Technologies and Lyft on Thursday agreed to adopt a $32.50 hourly minimum pay standard for Massachusetts drivers and pay $175 million to settle a lawsuit by the state’s attorney general alleging they improperly treated drivers as independent contractors who can legally receive lower compensation than employees.
Uber Technologies and Lyft on Thursday agreed to adopt a $32.50 hourly minimum pay standard for Massachusetts drivers and pay $175 million to settle a lawsuit by the state’s attorney general alleging they improperly treated drivers as independent contractors who can legally receive lower compensation than employees. The companies also agreed to give drivers paid sick leave, accident insurance, and healthcare stipends and to stop funding or supporting a ballot initiative that would have asked voters in November to cement app-based drivers’ status as contractors, Attorney General Andrea Joy Campbell said. Uber and Lyft in separate statements said the agreement reflected the desire of most drivers to work on their own terms while receiving many of the key benefits that are legally guaranteed to employees. “In taking this opportunity, we’ve resolved historical liabilities by constructing a new operating model that balances both flexibility and benefits,” said Tony West, Uber’s chief legal officer. The agreement requires Uber to pay $148 million and Lyft to pay $27 million to the state. At least $140 million will be paid out to drivers, according to a court filing. Campbell, a Democrat, made the announcement hours after Massachusetts’ top court cleared the way for voters to decide whether to approve the industry-backed ballot measure, along with a dueling labor-backed proposal to allow drivers to unionize that will continue to move forward.
Run 3 Space | Play Space Running Game
Traffic Jam 3D | Online Racing Game
Duck Hunt | Play Old Classic Game
An Atlanta-based banker working for Wells Fargo has been prevented from leaving China, the latest incident that threatens to amplify concerns among Western executives about the potential consequences of visiting the world’s second-biggest economy.
The defense alliance of 32 countries is planning to invest billions in its security over the coming decade. But it’s a splurge that some European NATO members, saddled with huge debt burdens, can ill-afford.
A sudden resurgence of interest in the late convicted sex offender, and unanswered questions about his crimes, has been measurable this month in book sales, Netflix streams and YouTube searches.
One lucky Massachusetts man bought two winning lottery tickets at two different stores, earning him a $2 million payday.
Warner Bros. Pictures’ “Superman” flew past the competition for the second straight week, grossing $57.25 million at the weekend box office.
The US federal estate tax has come a long way since 2000, when the exemption level was set at $675,000.
As part of his campaign to get rid of Jerome Powell, President Donald Trump has blamed the Federal Reserve chair for costing the country “hundreds of billions of dollars” by not slashing interest rates.
While “The Late Show” host Stephen Colbert was on his usual mid-summer vacation earlier this month, CBS executives weighed the pros and cons of canceling the unique but unfortunately unprofitable show.
The president said he personally told the Fox Corp mogul the story was a ”scam” and warned him not to print it. “But he did, and now I’m going to sue his ass off,” Trump wrote on Truth Social.
Chevron will proceed with its $53 billion acquisition of Hess, after it prevailed in a landmark legal battle against larger rival Exxon Mobil to gain access to the largest oil discovery in decades.
Tech giant Meta has apologized and said it has fixed an auto-translation issue that led one of its social media platforms to mistakenly announce the death of Indian politician Siddaramaiah.
Home Depot has a fraught, decades-long connection to immigrant day laborers.
If President Donald Trump were to fire Federal Reserve Chair Jerome Powell, it could have unintended and severe consequences that reverberate throughout the US economy and global markets.