Lyft and Uber Threaten to Leave Minneapolis Over Proposed Minimum Wage for Drivers
- Minneapolis city council narrowly passed an ordinance establishing a minimum wage for rideshare drivers.
- The proposed minimum wage would guarantee drivers at least $1.40 per mile and $0.51 per minute during rides.
- Lyft and Uber strongly oppose the ordinance, warning they may halt operations in Minneapolis if it goes into effect.
- Supporters argue the wage floor protects drivers from exploitation, while opponents raise concerns about increased prices.
- Minneapolis Mayor Jacob Frey has not indicated if he will sign or veto the controversial ordinance.