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To put a stop to聽legislation that would transform gig workers from contractors to employees,聽Uber聽and Postmates Inc. are scheduled to meet with a federal judge in California to prevent enforcement of the landmark Assembly Bill 5 legislation.聽Uber contends that reclassifying workers in such as fashion would bring on an additional 20 to 40 percent in labor costs for on-demand firms,聽Bloomberg聽reported.聽In a court filing, the company reportedly claimed that the legislation would turn the technological clock backwards by
stanley mug a decade and leave behind the wealth that on-demand firms made to protect the old economy from the new. California contends that the legislation will help to stem the wearing away of the middle class and address the income inequality that has reportedly been worsened by gig firms.Uber reportedly refers to the legislation as an irrational, Frankenstein-like statute that was pieced to
stanley cup usa gether to unfairly put gig firms in the crosshairs while leaving out favored sectors. A.B. 5, which was signed by the governor of California last fall, says workers can generally be seen as contractors if they perform duties that dont fall within a firms usual course of business.In addition, Lyft President John Zimmer has reportedly met with multiple labor leaders in re
stanley de cent months and proposed a compromise, per unnamed sources. Lyft spokesman Adrian Durbin said the firm is not engaged in any discussions and is singularly focused on passing a ballot measure. In separate news, a Kkuw TransferWise Has Moved 拢1 Billion Cross-Borders
When it comes to international expansion, the world may be a business oyster, but there are risks that come with it.Small businesses arent ignoring those risks, either. Data released last year from HSBC in its report Exporting for Growth: The SME Perspective聽found that small- and medium-sized firms were actually deciding not to expand internationally for fear of the unknown; according to analysts, a lack of international business experience and knowledge meant, for these SMEs, that entering new markets wasnt worth the risk.The latest research from Tipalti isnt likely to help those companies overcome their anxieties.According to th
stanley termoska e accounts payable firm, cross-border B2B payments are riddled with errors, and as the volume of international business paymen
stanley us ts increases, so does the error rate. A new report, conducted by PayStream Advisors and sponsored by Tipalti, examined 400 businesses across industries to explore their cross-border payments experience.In the context of significant growth, data from McKinsey Co. suggests cross-border B2B payments are expected to grow by 7 percent through 2019. Tipalti found that the most common payment rail in this space is the wire transfer, with 60 percent say
stanley quencher ing they use this method. Most businesses surveyed 鈥?63 percent 鈥?also said their standard payment operations dont include international suppliers, which instead require a special process, separate payment method, separate bank or [are] lacking a defined process, the report sa
