The online grocery delivery company, Instacart, is making waves in the retail brokerage accounts as it prepares for its initial public offering (IPO). Set to trade under the ticker symbol "CART," Instacart's valuation is set at approximately $9.6 billion, according to a recent filing. This valuation represents a significant increase from its previous assessments, reflecting the … [Read more...] about Instacart: A Test for Investors’ Appetite in the Gig Economy
gig economy
Lawsuit Filed Against NYC’s Minimum Wage Law
Three major food delivery app companies, DoorDash, Uber Eats, and Grubhub, have taken legal action against New York City in an attempt to block a groundbreaking law that establishes minimum wages for their workers. The law mandates a minimum pay of $17.96 per hour beginning on July 12, 2022. The rate will increase to $19.96 per hour in April 2025 and will be adjusted annually … [Read more...] about Lawsuit Filed Against NYC’s Minimum Wage Law
