Uber Gets Lyfted

Image: Photo by Robert Anasch on Unsplash
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Uber and Lyft remain in California, for now.  The appellate court extended the last week's Thursday deadline to this week's Tuesday to submit written orders on how they will comply with AB5, the California bill that passed this time last year requiring gig workers to become employees and bring with them the burden (payroll, benefits, taxes, etc.) that accompanies that classification.

During a plague in which people have laid out heavy cash for fresh meal in a box companies like Blue Apron (APRN is up 377% since March), they're still paying a premium for Uber Eats which has buoyed the ride sharing company this summer.  Proposition 22, to be voted on this November, seeks to exempt drivers from the AB5's jurisdiction.  The legalese is complicated but it has to do with a company's normal way of doing business which is why delivery drivers are in the gray right now.  Doordash and Instacart are involved in this legal fight as well.

The dog days of summer have some executives sweating in heavy air conditioning and sandals while others get creative with hot dogs and ramen.