‘We Screwed Up’: DoorDash Stock Rises After Admitting It Underpaid Tipped Workers

Food delivery service DoorDash has settled a dispute with New York City over claims it underpaid its tipped workers. Investors are likely breathing a sigh of relief that the company settled the matter for the relatively modest total amount of $131.5 million, most of which goes directly to the workers who were underpaid or paid late. More than 200,000 Dashers, as the firm’s delivery workers are called, will receive the payments.