Uber and Lyft drivers are now employees under California law, according to a new ruling from regulators (UBER, LYFT)

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· California's Public Utilities Commission said in an order Tuesday that Uber and Lyft drivers are "presumed to be employees" under AB-5, the state's new gig work law.
· The agency, which oversees ride-hailing companies, said they must now comply with existing regulations related to employees.
· The ruling is a significant...

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