The Biden administration issued a rule that aims to make it more difficult for many companies to treat workers as independent contractors rather than employees. The rule, issued by the U.S. Department of Labor, updates the criteria used to determine whether workers should be classified as either employees who are entitled to minimum wage and overtime protections or independent contractors. It could end up affecting the business models of many gig economy companies like Uber, Lyft and DoorDash that depend heavily on contractors.