Posted inBusiness

Uber, Lyft Shares Rise on Wall Street After Voters Approve Prop. 22

Uber and Lyft stocks soared on Wednesday after California voters endorsed the gig economy’s blistering campaign not to count drivers as employees, even as questions loomed over whether the companies can secure similar privileges in other U.S. states. Voters in California on Tuesday backed Proposition 22 by Uber Technologies, Lyft and their allies that cements […]