Stock Spinoff

August 11, 2020

Following its Spinoff of Match.com IAC Stock Slips After Earnings

As InterActiveCorp (IAC) recently finalized the distribution of its majority stake in Match.com to shareholders, its shares were trading lower on Monday, following the first earnings report. IAC is...

Investing

August 11, 2020

Uber and Lyft Ordered by Judge to Stop Classifying Drivers as Independent Contractors.

On Monday, Uber and Lyft (LYFT) were ordered by Judge Ethan Schulman of the San Francisco Superior Court to stop classifying their drivers as independent contractors and instead, follow the governin...