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This is a different kind of cancel culture. Even President Ronald Reagan’s failed assassin-turned-folk singer is too afraid to step foot in the Big Apple — calling it a “cesspool of crime” after canceling an upcoming gig. “I’m afraid of New York City and I just don’t want to go there right now,” John Hinckley Jr. — who tried to kill Reagan in 1981 — told The Post days after pulling the plug on a June show scheduled on Manhattan’s Lower East Side. Hinckley announced the performance on X last week but pulled out because “he said New York is...

A Prudential Pulse survey finds large percentages of millennials, gen Z and women struggle with finances. The result is more gig work...Nearly half of millennials agree or somewhat agree with the statement "I regularly run out of money and have to rely on credit cards or family for financial support."Please consider Generational Gap Grows: Work & Money Outlook DividedJob Hopping to Increase Pay or Better Work BalanceYounger generations continue to drive the Great Resignation: One-third of millennials and 46% of Gen Z have switched employers since the start of the pandemic — a stark contrast compared to 29% of all...

The Biden administration introduced a new regulation Tuesday that would make it harder for employers to misclassify workers as “independent contractors” to avoid minimum wage and overtime laws. The proposal from the White House would replace an earlier, more business-friendly rule created by the Trump administration that set looser guidelines around who could be considered a contractor in the workplace. Labor Department officials said the previous administration’s rule increased the likelihood of workers being exploited. Employers often mislabel their workers as contractors in order to evade workplace laws or shift certain costs of employment onto workers. Gig companies like Uber...

Democrats and their labor union big-money donors hate the gig economy, where people work as independent contractors, doing as much or as little work as they wish, setting their own hours, providing their own workspace and equipment, and getting paid in full directly with no fringe benefits. There are roughly 10.6 million independent contractors in the U.S. today, and labor unions want them changed into prospects for unionization by forcing them and their employers to revert to full-time employee status, with less flexibility, much higher overhead, and non-cash compensation costs.California, a one-party state dominated by Democrats, tried to force such...

Former South Bend, Ind., Mayor Pete Buttigieg, who now serves on Joe Biden's transition team, said he continues to support the concept of increasing the size of the Supreme Court, and defended the Democratic presidential nominee's claim that the nomination of Judge Amy Coney Barrett is unconstitutional. In 2019, Buttigieg supported the idea of a 15-member Supreme Court. Now, in a "Fox News Sunday" interview, he claimed that Republicans who speak out against changing the size of the high court are merely trying trying to distract from other issues.

California has claimed victory over the horrible abuse and exploitation of workers at the hands of evil employers with a new bill, AB666, which will make it a crime to work for a living. The new bill, signed into law by Governor Newsom Thursday, will stop the mistreatment of workers forever by making it illegal to work. "Employers used to do bad things -- well, not anymore," said Newsom at the bill signing. "Not on my watch. This solution is guided by SCIENCE. Leading SCIENTISTS say that when you can't work, you can't be exploited by evil corporations and wicked...

As president, Biden would replicate California’s repressive AB5 law. “Last year California passed AB5 affording gig workers protections and benefits like a minimum wage and overtime pay,” Joe Biden tweeted on Tuesday. “Now, gig economy giants are trying to gut the law and exempt their workers. It’s unacceptable. I urge Californians to vote no on the initiative this November.” The initiative, qualified for the ballot on May 22, establishes criteria for determining whether rideshare drivers are “employees” or “independent contractors.” AB5 also targets freelance writers and independent contractors in dozens of professions, including health care. Joe Biden was all in...

e-mail 1k shares 477 View comments Thousands of Uber employees learned that they were being laid off in a three-minute Zoom call last week. The ride-sharing company informed 3,500 people who worked in customer service and recruitment around the country that it would be their last day working for Uber on the live call. Uber's Ruffin Chaveleau was tasked with breaking the news that the app was 'eliminating' thousands of jobs on the call, obtained by DailyMail.com. Chaveleau heads Uber's Phoenix Center of Excellence - the term the company uses to describe its customer service office. Chevaleau told staff: 'Our...

California has overreached in its effort to address the challenges in today’s tech platform gig-work economy. The live music sector, the progenitor of the term “gig” work, is being swept up by this law. The irony would be comical if it were not such a serious problem. There are some worthy arguments to be made for Assembly Bill 5 by Assemblywoman Lorena Gonzalez, San Diego Democrat. It could improve the lot of workers trying to piece together a living in this expensive state. It should help capture unemployment taxes from unscrupulous employers misclassifying workers as independent contractors. However, the law...

A federal judge has temporarily blocked a new California labor law from impacting more than 70,000 independent truckers. The law, passed late last year, makes it harder for companies to classify workers as independent contractors instead of employees, who are entitled to minimum wage and benefits such as workers compensation. U.S. District Judge Roger Benitez of San Diego on Tuesday granted a temporary restraining order sought by the California Trucking Association while he considers imposing a permanent injunction. He said the association is likely to eventually prevail on its argument that the state law violates federal law. He also ruled...

Working for Instacart — buying and delivering groceries to strangers — at first felt like Michaellita Fortier's childhood dream of starring on the speed-shopping TV show Supermarket Sweep. "It was fun in the beginning," Fortier says. She felt like she was helping people in need while making as much as $16 or $20 per delivery. But then the app inundated her with orders worth half that, $7 or $9 per delivery. For that money, she was expected to go to the store, shop, fill a cart and deliver an order, sometimes driving 10 or 15 miles. "I thought, 'Now listen,...

There seem to be another one of these stories cropping up every week. The state of California has been waging a war on the gig economy for quite a while now and they may wind up winning, assuming they can drive the companies involved (along with most of their workers) out of the state. Uber, Lyft and Airbnb are the state government’s favorite targets, but there are other, smaller services feeling the pinch as well. Also, writers are being shut out by these recent actions.At Forbes, Paco Freire takes a deep dive into the impact this is having on...

Several weeks ago, I met up with a friend in New York who suggested we grab a bite at a Scottish bar in the West Village. He had booked the table through something called Seated, a restaurant app that pays users who make reservations on the platform. We ordered two cocktails each, along with some food. And in exchange for the hard labor of drinking whiskey, the app awarded us $30 in credits redeemable at a variety of retailers.

Tech IPOs have long been viewed as a boon for Silicon Valley workers, ushering in a new era of corporate stability and stock-driven wealth. That’s not been the case at Uber, where the stock price has fallen roughly 30 percent since going public in May and employees say they’ve noticed cuts to amenities as basic as the brands of coffee available for brewing. Uber is changing as it shifts from a closely held unicorn start-up to a publicly traded company that appears to be losing investors’ confidence, according to interviews with current and former workers. Those changes include laying off...

Uber will refuse to comply with a new bill passed in California Wednesday that says they must reclassify their drivers as employees rather than contractors, arguing that drivers aren’t core to its ride-share business model. Known as AB-5, the bill requires companies in the state - such as Lyft and Uber - to treat workers as employees by providing them with the full benefits and protections the designation necessitates. Under the motion’s terms, the title of employee must be issued to any worker the company exerts control over in terms of performance of their task, or if the role carried...

California lawmakers passed a landmark bill on Tuesday that threatens to reshape how companies like Uber and Lyft do business. But shares of Lyft popped more than 5.8% on Wednesday morning, while Uber climbed more than 3.1% after California Gov. Gavin Newsom told the Wall Street Journal on Wednesday that he’s still engaged in talks with Uber, Lyft and other gig economy companies about possible negotiations around the bill. Newsom recently voiced his support for the bill. The legislation, known as Assembly Bill 5 (AB5), would require gig economy workers to be reclassified as employees instead of contractors. The bill...

Uber set two dubious quarterly records on Thursday as it reported its results: its largest-ever loss, exceeding $5 billion, and its slowest-ever revenue growth. The double whammy immediately renewed questions about the prospects for the company, the world’s biggest ride-hailing business. Uber has been dogged by concerns about sluggish sales and whether it can make money, worries that were compounded by a disappointing initial public offering in May. For the second quarter, Uber said it lost $5.2 billion, the largest loss since it began disclosing limited financial data in 2017. A majority of that — about $3.9 billion — was...

Uber Technologies Inc has reported a $1 billion loss as the ride-hailing service spends heavily to build up its food delivery and freight businesses, sending revenues up 20 per cent in its first quarterly report as a public company. Uber's quarterly earnings report on Thursday, the company's first since going public earlier this month, was received positively by investors, with revenue beating analyst expectations. Revenue of $3.1 billion matched the high end of the range Uber forecast for the quarter and the loss of $1.0 billion compared with the company's forecast of $1.0 billion to $1.11 billion.

Is it something like “Booty-gig” or what...???

Uber (UBER) officially began trading Friday on the New York Stock Exchange, but stumbled out of the gate as its stock dropped below its $45 initial public offering price. In Uber’s first test of whether it can transition from Silicon Valley unicorn to a publicly traded company while winning over a skeptical, volatile market, the stock — which priced at $45 on Thursday — gradually drifted lower from the $46-$48 indicated range earlier in the morning. In its first trade, Uber opened at $42 per share on the New York Stock Exchange (NYSE), effectively crashing out of the preferred range...