Uber, Lyft stocks rise after resolving Massachusetts settlement Fri, Jun 28, 2024, 9:55 PM GMT+2 0 Video Transcript Advertisement Up next Are consumers responding to fast food's new value ...
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Uber Technologies, Inc. (UBER)
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sick leave, and other benefits as part of a $175 million settlement with the state of Massachusetts. Josh Lipton and Julie Hyman discuss the settlement's implications for the two rideshare platforms. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This article was written by Gabriel Roy Let's check in on some trending tickers. Now starting off with Uber and Lyft shares of the ride sharing companies rising after both agreed to offer a minimum wage, paid sick leave and other benefits for drivers. This is all part of a $175 million settlement with the state of Massachusetts specifically. So this means the drivers in Massachusetts are gonna be getting 3250 an hour. That's the minimum wage of that settlement. Uber's gonna pay $148 million of it will the remainder. But, you know, you've got all these sort of regulatory overhangs in different regions and so this removes one of those. Yeah, I was reading t
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UBER
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- 5/8/24 - Miss
UBER
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- 6/20/24 - Form 4
- 6/18/24 - Form 4
- 6/18/24 - Form 4
- UBER's page on the SEC website