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Hi there,
Here's what we're watching in business and tech news this week:
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Eyes will be on Tesla, which posts quarterly results on Wednesday. The company has seen its shares soar in the past few weeks, though analysts expect it to report losses. We cover  how the growth of charging infrastructure is paving the way for the electric vehicle future in this client-only brief. Other major names reporting this week include Microsoft, Twitter, and Intel.
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Uber will look to overturn court rulings seeking to classify its drivers as employees in the UK. In an appeal to the UK Supreme Court, to be heard Tuesday, Uber is arguing that its drivers are independent contractors, rather than employees. But 3 lower courts have ruled the reverse, which would entitle drivers to minimum wage and holiday pay. Read more about how Uber makes money in this report.
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The US Congress will return to negotiating another coronavirus stimulus bill after a 2-week recess. Issues being debated include business liability, state funding, payroll tax cuts, and a potential second round of relief checks. In addition, one of the most pressing issues is the expiration of the expanded unemployment aid that currently goes to 25M Americans.
- Look for more news around eBay's sale of its classified ads business — which allows people to list ads for goods and services in local communities à la Craigslist — to digital marketplace firm Adevinta. Adevinta has reportedly won the auction to purchase the unit for nearly $9B, as it looks to solidify its position in the online classifieds marketplace in Europe. eBay has been looking to refocus around its core e-commerce business, an industry that has seen explosive growth amid the pandemic. We look at how competitors like Shopify are capitalizing on the pandemic to expand their services in this client-only report.
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