Confusion and Defiance Follow California’s New Contractor Law

The costs for app-based businesses, many of which are not profitable, could be significant. Uber held a troubled initial public offering in May and has reported large losses and slowing revenue growth. Dara Khosrowshahi, Uber’s chief executive, has laid off hundreds of employees in recent months, including Tuesday, to cut costs. But some traditional businesses have argued that the mandate merely levels the playing field. Construction companies have long complained that they face unfair competition from rivals that classify workers as contractors so they can avoid paying payroll taxes and…

Vista Oil and Gas CEO Is Digging Deeper in Argentina

Date: 2019-09-10 11:00:15 Sep.05 — In this week’s “Commodity-In-Chief” on “Bloomberg Commodities Edge”, Alix Steel is in Argentina with Miguel Galuccio CEO of Vista oil and gas, the architect of shale development in the region, as part of her special, “The Next Oil Boom,” a dive into Latin American oil production.

The election may be about the economy, but don’t tell business

New Democratic Party Leader Jagmeet Singh was out of the gate quickly, a good strategic move since his opening salvo will do nothing to separate him from the other parties in the election race. “No more catering to big corporations or the ultra-rich,” Singh tweeted. “We need to put people first.” That pitch might have made the NDP special in the past, but not in 2019. There is no constituency that has been catered to less in recent years than businesses that employ more than a few dozen employees. (As…