"Uber CEO Says Its Service Will Probably Shut Down Temporarily in California If It's Forced to Classify Drivers as Employees" (UBER)

What a long strange trip.
From NBC New York a few minutes ago:

Uber and rival Lyft both have about a week left to appeal a preliminary injunction granted by a California judge on Monday that will prohibit the companies from continuing to classify their drivers as independent workers. Following the order will require Uber and Lyft to provide benefits and unemployment insurance for workers

Uber would likely shut down temporarily for several months if a court does not overturn a recent ruling requiring it to classify its drivers as full-time employees, CEO Dara Khosrowshahi said in an interview with Stephanie Ruhle Wednesday on MSNBC.

“If the court doesn’t reconsider, then in California, it’s hard to believe we’ll be able to switch our model to full-time employment quickly,” Khosrowshahi said.

Uber and rival Lyft both have about a week left to appeal a preliminary injunction granted by a California judge on Monday that will prohibit the companies from continuing to classify their drivers as independent workers. Following the order will require Uber and Lyft to provide benefits and unemployment insurance for workers....

....MUCH MORE

 And from Reason, August 11:
San Francisco Judge Rules Drivers With Ride-Sharing Companies Are Employees. Uber Warns It'll Have To Raise Prices By as Much as 111 Percent.

If interested, here are a few hundred of our Uber posts.