In an investment note this week, Mizuho Securities USA indicated it believes the Biden administration is more likely to issue guidance on gig worker classification rather than a formal rule.
Provided by Dow Jones By Maria Armental Coupang Inc. s stock fell 6.5% to $33.05 on a projected deceleration in the second quarter from the year-ago period, which saw a business surge as the pandemic hit South Korea. The South Korean e-commerce giant, backed by Japan s SoftBank Group Corp., in its first earnings report as a public company said it ended the March quarter with more than 16 million active customers, up 21% from the year earlier, while net revenues per active customer rose 44% to $262. Overall, net revenue surged 74% to $4.21 billion, but Coupang s first-quarter loss widened to $295 million, in part tied to higher expenses related to its initial public offering in March along with hiring and technology investments.
Ranchi: The recent gang rape in Dumka and the stripping of a woman in Seraikela-Kharsawan have generated political heat in the state with the opposition BJP alleging that criminals were having a free run ever since the change of guard in December last year. BJP’s women wing held a demonstration at the Morhabadi ground in Ranchi on Thursday over the issue of safety of women and children.
The overall data on crimes against women and children updated till September on the state police website suggest that the number of such incidents was fewer compared to the corresponding period last year when BJP was in power, but police, activists and social scientists alike were worried over the trend of such incidents occurring mostly in tribal-dominated pockets in recent months.