Uber and Lyft to Halt Service in Minneapolis Over $15 Minimum Wage Rule

Lyft and Uber plan to cease operations in Minneapolis after the city passed an ordinance requiring them to pay drivers a minimum wage of $15.57 per hour.

The companies say the wage requirement makes their business unsustainable in Minneapolis.

Critics argue the ordinance will make rideshare services more expensive, hurting low-income residents and people with disabilities.

Supporters say the wage boost ensures fair pay for drivers, who are often immigrants and people of color.

The Minneapolis mayor and Minnesota governor expressed concerns about the ordinance's potential impacts on vulnerable residents if the companies leave.