Uber and Lyft tumbling after the Biden administration issued that proposal for a federal rule. The move could upend the right-hailing companies' business models since they rely on millions of gig workers. Jackie de Volos: Why did this news catch investors so off guard?
Joe Kudla, Founder and CEO of Vuori, discusses the company's investment from Softbank and the brand's growth strategy. Bloomberg Businessweek Editor Joel Weber and Bloomberg Markets Magazine Editor Christine Harper discuss Paul Volcker's inflation fight. Jackie Davalos, Bloomberg Technology Reporter, talks about Uber and Lyft following the Department of Labor's latest gig-worker rules. And we Drive to the Close with Leuthold Group CIO, Doug Ramsey.