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336 views • June 28, 2024

Supreme Court Strips Back Power of Federal Agencies; Uber to Pay Drivers $32.50 per Hour in One State | Business Matters Full Broadcast (June 28)

The Supreme Court overruling Chevron deference could have a major effect on business in the United States. The ruling strips power from federal agencies like the Securities and Exchange Commission and the Environmental Protection Agency. Uber and Lyft have just agreed to pay their drivers $32.50 an hour in Massachusetts. That's about $70,000 a year, if the drivers work a standard week. They would also get paid sick leave, accident insurance, and health care stipends. It seems Warren Buffett just changed his mind on where his huge fortune will go after his death. He told the Wall Street Journal, “The Gates Foundation has no money coming after my death.”
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