LYFT May 2024 18.000 put
| Previous close | 2.0500 |
| Open | 1.8800 |
| Bid | 1.9700 |
| Ask | 1.9900 |
| Strike | 18.00 |
| Expiry date | 2024-05-17 |
| Day's range | 1.8500 - 2.0500 |
| Contract range | N/A |
| Volume | |
| Open interest | 3.73k |
- Reuters
UPDATE 1-Massachusetts top court hears challenges to gig worker ballot measures
Massachusetts's highest court on Monday weighed whether ballot proposals that would redefine the relationship between app-based companies like Uber Technologies and Lyft and their drivers should be allowed to go before voters in November. Massachusetts Supreme Judicial Court justices expressed concern, during oral arguments in Boston, over parts of an industry-supported group's proposal to ask voters to affirm that under state law, drivers are independent contractors with some new benefits but cannot be considered company employees. Jennifer Grace Miller, a lawyer for the measure's opponents, said voters would be asked to weigh in on not one policy question but a series of separate areas of employment law that could not legally be bundled together for their consideration.
ReutersMassachusetts top court hears challenges to gig worker ballot measures
BOSTON (Reuters) -Massachusetts's highest court on Monday weighed whether ballot proposals that would redefine the relationship between app-based companies like Uber Technologies and Lyft and their drivers should be allowed to go before voters in November. Massachusetts Supreme Judicial Court justices expressed concern, during oral arguments in Boston, over parts of an industry-supported group's proposal to ask voters to affirm that under state law, drivers are independent contractors with some new benefits but cannot be considered company employees. Jennifer Grace Miller, a lawyer for the measure's opponents, said voters would be asked to weigh in on not one policy question but a series of separate areas of employment law that could not legally be bundled together for their consideration.
- Reuters
Massachusetts top court to hear challenges to gig worker ballot measures
The top Massachusetts court on Monday is set to consider whether the state's voters will get to decide two ballot proposals in November that would redefine the relationship between app-based companies like Uber Technologies and Lyft and their drivers - one backed by industry and the other by labor. The Massachusetts Supreme Judicial Court first will hear arguments in a labor-backed challenge to a ballot proposal by an industry-supported group that would ask voters to declare that the drivers for the companies are not employees but rather independent contractors entitled to some new benefits. The court then will hear a challenge by a conservative think tank to a proposed ballot measure supported by the Service Employees International Union's Local 32BJ that would ask voters to allow Uber and Lyft drivers to unionize.
