Uber, Lyft to leave Minneapolis due to minimum wage law
LYFTLyft(LYFT) Fox Business·2024-03-16 03:45

Uber and Lyft said they will stop operating in Minneapolis after the city council voted to overrule the mayor's veto of a minimum wage law impacting rideshare drivers. Lyft said it is "shutting down operations in Minneapolis" when the law takes effect on May 1. Uber said it will stop operating its transportation network in the entire metro area, including the airport, that same day. The ordinance, which faced fierce pushback from the ride-share industry, establishes minimum driver pay of $1.40 per mile and ...