Bloomberg Business

Court Rules Uber, Lyft Can Label Gig Workers as Contractors

Uber Technologies Inc., Lyft Inc. and other gig economy companies scored a victory after a California appeals court upheld the current law classifying gig workers as independent contractors instead of employees.

HSBC’s £2 Billion Boost for SVB’s UK Unit Caps Frantic Weekend

HSBC Holdings Plc is planning to inject £2 billion ($2.4 billion) of liquidity into Silicon Valley Bank’s UK division, a move capping a frenzied weekend of talks that saw Europe’s largest lender take ownership of the stricken subsidiary.

Macron’s Reformist Legacy Tested as Pension Bill Reaches Endgame

Emmanuel Macron faces parliamentary brinkmanship and protests this week over his plan to raise the retirement age, with the potential for a politically bruising outcome that would shape the French president’s capacity to keep pushing a pro-business agenda.

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