Friday, July 7, 2023

Uber DoorDash and Grubhub sue NYC seeking to block new minimum pay standards that increased the hourly wage for gig workers to $18 and $20 by 2025 (New York Times)

New York Times:
Uber, DoorDash, and Grubhub sue NYC, seeking to block new minimum pay standards that increased the hourly wage for gig workers to ~$18 and $20 by 2025  —  Uber, DoorDash and Grubhub argued that the city used poor data to calculate how much food delivery workers should earn and that the change would hurt consumers.



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Sources: amid the Iran war, Asian bankers say rising power prices and energy security are becoming a bigger consideration in data center financing decisions (Bloomberg)

Bloomberg : Sources: amid the Iran war, Asian bankers say rising power prices and energy security are becoming a bigger consideration in ...