Briefing: Uber and Lyft’s Driver Costs to Rise in New York

Uber and Lyft agreed to pay drivers in New York state at least $26 per hour and guaranteed paid sick leave—up to seven days a year—as part of a legal settlement with the state’s attorney general, Leticia James. The new minimum wage doesn’t pertain to New York City, which set its own rate for gig drivers several years ago. The main part of the settlement pertained to the ride-hailing companies’...