The U.K. Supreme Court on Friday ruled that Uber drivers should be classified as "workers" and not independent contractors, handing defeat to the ride-hailing giant in a long-running legal battle.
The ruling paves the way for Uber drivers to receive benefits such as paid holidays and the minimum wage.
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Business News
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.