CALIFORNIA APPEALS COURT HALTS LOWER COURT ORDER OVER UBER AND LYFT DRIVER-EMPLOYER ISSUE

Highlights –

• California appeals court halts lower court order over Uber and Lyft driver-employer issue.
• Drivers wish to continue working as independent contractors.
• The initial ruling forced the companies to treat their drivers as employees starting Thursday after midnight.
• Lyft shares were up almost 9%, and Uber shares were up 6.4%.

Earlier, the offic....