Stocks

Uber, Lyft hit by Prop 22 punch

Ride-hailing giants Uber Inc. and Lyft Inc. were dealt a blow after a California judge ruled California’s Proposition 22, which classified drivers as independent contractors, was unconstitutional.

Judge rules California ride-hailing law is unconstitutional

Uber says it plans to appeal a California judge's ruling that struck down a state ballot measure that exempted app-based ride-hailing and delivery services from a state law requiring drivers to be classified as employees eligible for benefits and job protections.

Stocks finish mixed, oil skids

U.S. stock indexes ended little changed Thursday as investors looked past the Federal Reserve’s minutes released the prior day which indicated the central bank could begin its taper later this year.

AMC CFO dumps chunk of stock

According to an SEC filing, the shares were sold at at an average price of $34.79, for a total transaction of $1,579,639.95.