‘Gig work’ rule is in Biden administration’s crosshairs, sending DoorDash and Lyft stocks to all-time lows
October 11, 2022 at 13:31 PM EDT
The Labor Department on Tuesday proposed a rule that could cut at the heart of the business models of Uber Technologies Inc., Lyft Inc., DoorDash Inc. and other companies that primarily rely on "gig workers," and could affect the classification of contract workers in many other industries.