Tag: Business

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What can Biden do to reverse Trump’s assault on labor rights?

Soon after Joe Biden is inaugurated as the next US president, he is expected to take several strong steps on the labor front aimed at reversing or remedying the policies of Donald Trump – who promised workers a lot and delivered little. But Biden’s number one priority will be to tackle the issues left in…
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January 9, 2021 0

‘Peak hype’: why the driverless car revolution has stalled

By 2021, according to various Silicon Valley luminaries, bandwagoning politicians and leading cab firms in recent years, self-driving cars would have long been crossing the US, started filing along Britain’s motorways and be all set to provide robotaxis in London. 1 January has not, however, brought a driverless revolution. Indeed in the last weeks of…
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January 3, 2021 0

Uber Eats avoids landmark ruling on workers’ status by settling case with delivery rider

Uber has settled a high-profile case with one of its food delivery riders, avoiding a landmark ruling on whether gig economy workers are employees or contractors, experts say. The Australian arm of the multinational company settled with former Uber Eats delivery rider Amita Gupta before the full bench of the federal court could rule on…
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December 30, 2020 0

Stealth taxes on Uber and Airbnb won’t hurt the masses

A chancellor who will borrow £394bn this financial year has to come up with a few new ways to raise money, and here’s a Treasury idea that sounds modest but interesting: put VAT on Uber taxi trips and stays in Airbnb properties. It would also seem to pass a basic test of fairness. Most Uber…
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December 9, 2020 0

Covid: Sunak mulls tougher VAT rules for Uber drivers and Airbnb landlords

Rishi Sunak is considering toughening up VAT rules for the Uber drivers and Airbnb landlords central to the rapidly expanding sharing economy as the Treasury considers ways of repairing the damage to the public finances caused by the Covid-19 pandemic. The chancellor has taken the first steps towards increasing the government’s VAT revenues with the…
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December 9, 2020 0

Uber sells loss-making flying taxi division to Joby Aviation

Uber has sold its loss-making flying taxi division, Elevate, to a Californian startup as it abandons costly side projects in an attempt to turn a profit next year. The sale to Joby Aviation, announced late on Tuesday, comes a day after Uber ditched ambitions to develop its own self-driving car and sold its autonomous vehicle…
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December 9, 2020 0