On the menu today: DoorDash’s $32 billion IPO, GM’s ill-fated deal with Nikola, Ajit Pai’s resignation, and student-loan mismanagement.
While it’s nice that industries with deep pockets were able to win carve-outs via ballot measure, the devastating effects of AB5 persist for thousands of others.
Shares of Uber spiked 11 percent, and Lyft shares rose 13 percent Wednesday morning after the results of the vote came in.
“It upsets me that someone is trying to control what I can and cannot do,” one driver told National Review.
A California appeals court ruling caps a crusade against ride-sharing apps in the state.
Coronavirus relief, aluminum tariffs, California taxes, and more.
The Left abhors traditional corporations but does everything in its power to keep them alive.
In 2013, Dallas tried to outlaw Uber. This week, Dallas declared Uber an “essential service.”