Money

New rules for Uber drivers

Published

2 years ago

October 12, 2022

ticker NEWS

If you work for Uber of Lyft, you’ll be treated differently under new rules

The U.S. Labor Department wants all workers to be classified as employees rather than independent contractors.

It’s a big shift for the millions of workers who are involved in the gig economy across the country.

Many of these workers operate in food delivery and transport.

Secretary Marty Walsh says the changes are part of a push to stop companies from malpractice.

At the news, some of the world’s largest gig economy companies fell on the U-S markets.

Shares in Uber and Lyft fell by more than 10 per cent.

Leaders

Trump will plead not guilty to revised 2020 election criminal charges

Published

4 days ago

September 5, 2024

ticker NEWS

Former U.S. President Donald Trump will plead not guilty to fresh criminal charges in a revised indictment accusing him of attempting to overturn the 2020 election.

In a court filing, Trump waived his right to appear in court, authorising his lawyers to enter the plea on his behalf.

This revised indictment, brought by Special Counsel Jack Smith, maintains the original four charges, including obstructing Congress and defrauding the United States. #featured #trending

Leaders

Harris promises to boost SME in the U.S. with $50,000 tax deduction

Published

5 days ago

September 4, 2024

ticker NEWS

Vice President Kamala Harris is set to propose a significant tax deduction for new small businesses.

Under the plan, startups could claim up to $50,000 in tax deductions, providing crucial financial relief during the critical early years of operation.

This initiative aligns with efforts to stimulate economic growth and job creation across the country, particularly in sectors hard-hit by the pandemic. #featured #trending