Monthly Archives: August 2020

Uber threatens to close temporarily in California

Photo: Alex Wong (Getty Images) As Uber public grips with the moral dilemma of having built a company that is a big ass around operating payroll practices, CEO Dara Khosrowshahi now says that if California forces the company to reclassify its contractors as full-time employees, Uber will temporarily close its …

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European markets review data on data on U.S. unemployed

European equities traded lower on Thursday morning as investors waited for the latest data on US unemployment data and followed the lack of progress in negotiations over a US pandemic relief package. The Europa Stoxx 600 Index was down 0.4% in the early morning trading session, with base sources hitting …

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