18 Articles
Oct 5, 2020 Report
Uber and Lyft spend big in California to oppose gig worker law

The companies claim most of their workers don't want to be full-time employees

The two ride-hailing companies would each face more than $392 million in annual payroll taxes and workers' compensation costs even if they drastically cut the number of drivers on their platforms, a Reuters calculation showed. The companies say they would need to significantly hike prices to offset at least some of those additional costs, which in turn would likely cause a decrease in consumer demand, but cushion the blow of the added costs to the bottom line.

Reuters
Oct 5, 2020 Report
Toyota, Nissan to seek reimbursement from UK if Brexit talks fail

Automakers want the UK government to foot the bill for increased taxes from no-deal split

Japanese automakers Toyota Motor Corp and Nissan Motor Co Ltd would seek reimbursement from Britain if the government fails to agree an EU trade deal, the Nikkei financial daily reported on Monday. The companies are bracing for an additional 10% EU tax on automobile imports from Britain and are demanding that the government pays for such additional customs costs, the report said, without citing sources. British Prime Minister Boris Johnson on Sunday said that he did not part

Reuters
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