Labor secretary says gig workers should be classified as employees in 'a lot of cases'

Labor secretary says gig workers should be classified as employees in 'a lot of cases'

Labor Secretary Marty Walsh said that a lot of gig workers are misclassified as contractors on Thursday, sending stocks of tech companies such as Uber, Lyft and DoorDash falling amid speculation about the future of the fraught business model in the Biden …
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American Tower (AMT) Q1 2021 Earnings Call Transcript

Call Participants. Prepared Remarks: Operator. Ladies and gentlemen, thank you for standing by. Welcome to the American Tower first quarter 2021 earnings conference call. As a reminder, today’s conference …
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'Slap in the face' UAW says of GM's move to build EVs in Mexico

General Motors has picked a fifth plant to build its 2023 electric vehicles and it is in Mexico, which the UAW calls “a slap in the face.” GM has already declared it will make EVs at four locations in the United States and Canada. But on Thursday, GM said it will …
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Asia Stocks Point Lower After GDP Spurs US Gains: Markets Wrap

The euro was little changed at $1.2120 · The British pound was at $1.3941 · The Japanese yen traded at 108.93 per dollar · The Bloomberg Dollar Spot
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Best Buy president to leave after 17 years at chain

NEW YORK — Best Buy said Thursday that its president and chief operating officer is stepping down in July after more than 17 years with the chain. The Minneapolis-based consumer electronics retailer will not replace Mike Mohan, 53, according to a memo to …
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