Business
Uber, Lyft shares fall as US proposes rules for Gig workers
Uber Technologies
Lyft
DoorDash
Trading fell sharply on Tuesday after the US Department of Labor make a rule proposal that could force companies to classify their drivers as employees instead of contractors.
If implemented, that rule would potentially significantly increase labor costs for food delivery and car-sharing companies, as well as for other employers that rely heavily on contract labor. copper. Interested parties have 45 days to comment on the proposal.