Uber and Lyft Could Leave Minneapolis Over $0.51

Uber and Lyft threatened to leave Minneapolis after the city council approved a minimum wage for drivers that would force the tech companies to pay drivers $1.40 per mile and $0.51 per minute during rides. The ordinance, which passed the Council 7-5 on Thursday, could still be vetoed by Minneapolis Mayor Jacob Frey, who has indicated he’s hesitant to sign the bill. An unregulated market allows Uber and Lyft to dodge minimum wage laws nationwide. The Minneapolis proposal would bring driver’s pay is in line with the city’s $15 an...