LYFT Jul 2024 13.500 put
| Previous close | 0.4400 |
| Open | 0.4100 |
| Bid | 0.3700 |
| Ask | 0.3900 |
| Strike | 13.50 |
| Expiry date | 2024-07-05 |
| Day's range | 0.3500 - 0.4600 |
| Contract range | N/A |
| Volume | |
| Open interest | 1.98k |
Associated Press FinanceUber and Lyft agree to pay drivers $32.50 per hour in Massachusetts settlement
Drivers for Uber and Lyft will earn a minimum pay standard of $32.50 per hour under a settlement announced Thursday by Massachusetts Attorney General Andrea Campbell, in a deal that also includes a suite of benefits and protections. The two companies will also be required to pay a combined $175 million to the state to resolve allegations that the companies violated Massachusetts wage and hour laws, a substantial majority of which will be distributed to current and former drivers. Campbell said the settlement resolves her office’s yearslong litigation against the two companies and stops the threat of their attempt to rewrite state employment law by a proposed 2024 ballot initiative.
BloombergUber, Lyft Reach Deal With Massachusetts on Driver Benefits
(Bloomberg) -- Uber Technologies Inc. and Lyft Inc. agreed to a series of worker benefits to resolve a longstanding state lawsuit in Massachusetts that challenged drivers’ employment status as independent contractors, putting a stop to the companies’ bid to take the issue before voters in November.Most Read from BloombergSupreme Court Poised to Allow Emergency Abortions in IdahoSpaceX Tender Offer Said to Value Company at Record $210 BillionSupreme Court Ends OxyContin Settlement, Cracking Sackl
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