A judge in California announced on Monday a preliminary injunction that would stop Uber and Lyft from classifying their drivers as self-employed, and potentially set the stage for a major shift in their business models. Judge Ethan Schulman of San Francisco Superior Court granted a stay of 10 days before …
Read More »Chinese days as factory of the world are over, says IPhone Maker
(Bloomberg) – A major supplier of Apple Inc. and a dozen other tech giants plan to split their supply chain between the Chinese market and the US, declaring that China’s time as a factory to the world is ready due to the trade war. Hon Hai Precision Industry Co. Chairman …
Read More »Peaceful Portland Protestants will not be prosecuted for ‘preventing irreparable damage’, DA warns
The Multnomah County District Attorney’s Office will refuse to prosecute cases against Protestants in which the most serious crime does not involve business damage, theft, threats or use of force against another person, District Attorney Mike Schmidt said Tuesday. Costs of resisting arrest and assault by a public safety officer …
Read More »Brinker International, Tesla, Eastman Kodak
Check out the companies that make headlines for the clock: Brinker International (EAT) – The parent of the Chili restaurant chain and Maggiano’s Little Italy reported an adjusted quarterly loss of 88 cents per share, less than the $ 1.37 loss that Wall Street analysts had predicted. Revenue came in …
Read More »NJ gym that violates coronavirus restrictions gets license revoked: report
A high school in New Jersey had its license revoked during a vote on Tuesday, ending a long-running saga that saw its owners defend a state order several times to stay closed during the coronavirus pandemic, according to multiple reports. The Cammawr County Council in Camden County voted 5 to …
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