Hints and tips:
...“Some of this performance was due to the macro environment, and some of it was due to the disruption associated with our labour contract negotiations, as well as higher costs associated with the new contract...
...US aerospace and defence contractor L3Harris Technologies will acquire Aerojet Rocketdyne, the last independent domestic maker of missile propulsion systems, in a $4.7bn deal....
...And I can’t find anyone who thinks the Port of Los Angeles and associated trucking services have suddenly perked up....
...“There is a true cost associated with gig work....
...The alternative would mean raising prices to cover the additional costs associated with conforming to the law....
...As a result, Uber and other app-based gig economy groups will not have to treat workers as employees, with associated health benefits, holiday pay and other benefits....
...California voters’ decision to let Uber and other gig economy companies continue to treat their workers as independent contractors has dealt a crushing blow to campaigners and legislators and paved the way...
...“It’s always been our hypothesis,” he says, “that there’s a group of our population who values flexibility significantly above the benefits associated with traditional labour.”...
...If the ride-hailing app were to lose its final appeal against the Employment Tribunal decision that classified its drivers as workers rather than contractors, not only would its operational costs be heightened...
...“Uber still makes the claim that drivers are independent contractors and so it is arguing that it is not liable for those activities… Transparency does not lead to accountability.”...
...Uber argues that, even with California’s stricter test, it will still be able to treat its drivers as independent contractors....
...A loss would see the company’s drivers classified as workers not contractors, which would incur costly employer liabilities upon Uber, among them a VAT liability....
...Here’s the Q2 results table, possibly in need of framing: The quarterly net loss, which hit $5.2bn vs $878m a year ago and included $3.9bn in stock-based compensation expenses related to the IPO, was spectacular...
...China could provide a playbook for framing timing of the recovery....
...The company also has a tidal wave of claims from drivers who argue they should be treated as employees rather than contractors....
...Lyft and Uber’s business models depend on categorising drivers as independent contractors, rather than employees....
...Construction employment has fallen 30 per cent in the past decade, according to Ken Simonson, chief economist for Associated General Contractors of America....
...It is hard to imagine US defence contractor Raytheon having had the same sort of arrangement....
...Meanwhile, Associated British Foods is continuing to prove that e-commerce needn’t be so important....
...The written ruling said the vast majority of drivers leased their cars from an “associated company” of Addison Lee....
...If Vodafone is to attempt to prise an asset away from Liberty, the burden of risk associated with overpaying arguably sits with Vodafone shareholders....
...Not months.” - Zion President, Dustin Guinn #israel $zn — Zion Oil & Gas, Inc....
...However, the botched Magnox deal has been seized on by critics who say that any economic benefits are outweighed by the costs and risks associated with cleaning up the radioactive mess....
...What differentiates them from Uber contractors, however, is that these centralised cash-managing providers tend to use the cashflow advantage to reduce capital costs for their contractors....
...The court upheld an employment tribunal decision that Mr Smith be recognised as a worker, with associated employment rights, rather than a self-employed contractor....
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