US Markets

Markets

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.

Markets

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.