It has been a little over a month since Lyft's trading debut, which after a strong start quickly struggled and continues to decline. Now Uber looks to avoid the same fate is it prepares for its upcoming debut.
As discussed previously on this blog, the transportation market is rapidly evolving both in terms of the laws governing it and in the nature of the business itself. Now, FedEx is looking to bring the next innovation along as it announced plans for last-minute robot delivery for companies such as Pizza Hut and Walmart.
For the last several years there's been both excitement and concern over the gig economy that seems to be growing by the day, as it starts to become the norm for more and more workers. With the explosion of companies like Lyft and Postmates, many more companies have come onto the scene. However, of late, recent news has indicated that the gig economy that is bringing a change to the way people work is still undergoing change itself.
Companies are always looking for ways to improve how well their business runs, and ultimately their bottom line. Over the years, many people have touted the positive impact diversity can have on a company. Now, Gap Inc. is doubling down on their efforts to build through diversity.
On April 30, 2018, the California Supreme Court upended the state's independent contractor market with its decision in Dynamex Operations West v. Superior Court. The Court's ruling changed the way the law will determine whether a worker is an employee or an independent contractor. The case discards the decades-old test of S. G. Borello & Sons, Inc. v. Department of Industrial Relations (Borello) and replaces it with a new "ABC Test." We initially discussed the difference between these cases in a May 2018 post.
On June 12, 2018, Judge Richard Leon ruled that AT&T's purchase of Time Warner could proceed over the objection of the Department of Justice. The purchase makes AT&T the new proud owner of entertainment organizations like HBO and CNN. So your final season of Game of Thrones will now be brought to you by AT&T.
"The reports of my death are greatly exaggerated."
The regulatory sphere that oversees and guides the American business sector is "ever-changing," notes a recent Accounting Today article.
We note on our website at the Southern California business law firm of Larson & Gaston the complex, multiple and interwoven challenges that company principals face as they go about their daily planning.