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Ubers Next Business Idea Lending Money To Drivers - Latest News

Uber's next business idea: Lending money to drivers

Uber is reportedly looking into offering loans directly to drivers, according to a report from Recode. The ride sharing company recently sent out an in-app survey to some drivers that indicated the ... read more

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Uber and Lyft Drivers Gain Labor Clout, With Help From an App

But Rideshare Drivers United, which represents more than 5,000 drivers in Southern California, fought the idea ... money no more and have to pay all the expenses.’” A study last year by the liberal ... read more

Uber And Lyft With Employee-Drivers: Survive But Maybe Not Thrive

We hailed an Uber and waited under an awning. The driver told us that he worked ... the person is interested in starting work in the next five minutes. These work-arounds will preserve the ... read more

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Here's everything we know about how startups raise money from SoftBank's $100 billion Vision Fund

The Vision Fund is the biggest tech investor in the world with $100 billion to spend. read more

Uber Stock Is Barreling Toward Worthlessness Without a Turnaround Plan

Uber (NASDAQ:UBER), which redefined the global taxi business ... is loaning money to employees. Uber’s loans would be going to contractors. Critics say this could make Uber drivers into ... read more

Uber claims new California law still won't force it to classify drivers as employees

A top Uber executive attempted to defuse concerns about a potential existential threat to its business ... of drivers tell us they want most — flexibility — drivers will not be automatically ... read more

SoftBank Investments Slammed From Wall Street to California

West contends that drivers aren’t in the usual course of Uber’s business ... loans from SoftBank to employees taking stakes in the fund. That still leaves $50 billion from outsiders, who need to be ... read more

American Employers Uber Bring Back The Company Store

The payroll-advance programs generally give employees the option to accelerate a portion of their next paycheck ... according to Recode, Uber wants to get into lending money to people driving for it. read more

The Zacks Analyst Blog Highlights: Netflix, AMC, Lyft, Uber and Slack

Stocks recently featured in the blog include: Netflix NFLX, AMC AMC, Lyft LYFT, Uber UBER and Slack ... millions of investors’ money. This is also proof that a good idea with strong customer ... read more

DealBook Briefing: Beijing’s Plan to Get to a Trade Deal

The central bank cut its main deposit rate to minus 0.5 percent, from minus 0.4 percent, adding pressure on banks to lend more money ... had found that Uber drivers perform a task that is “outside the ... read more

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