Bloomberg Business

Uber, DoorDash, Grubhub Must Pay $18 an Hour to NYC Couriers

Uber Technologies Inc., DoorDash Inc. and Grubhub Inc. must pay food delivery workers at least $17.96 an hour after they lost an attempt to block the New York City minimum, a victory for the city as it seeks to rein in the now-ubiquitous services.

Fed’s Barkin Says Too Early to Know If More Rate Hikes Needed

Federal Reserve Bank of Richmond President Thomas Barkin said it’s too soon to know if another interest-rate increase will be needed, noting that headwinds from a potential government shutdown could create more uncertainty for the economy.

UAW Aims For At Least 30% Wage Bump to Woo New Members

(Bloomberg) — The United Auto Workers union wants to emerge from its strike against Detroit’s three major automakers with at least a 30% pay raise, according to people familiar with the matter.

Nvidia Linked to Dawn Raid by French Competition Regulators

French antitrust enforcers raided the offices of a business suspected of engaging in “anticompetitive practices in the graphics cards sector,” targeting a company that the Wall Street Journal identified as Nvidia Corp.

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