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Uber And Lyft's Minneapolis Exit Delayed As Wage Ordinance Postponed – Lyft (NASDAQ:LYFT), Uber Technologies (NYSE:UBER)

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Uber And Lyft's Minneapolis Exit Delayed As Wage Ordinance Postponed – Lyft (NASDAQ:LYFT), Uber Technologies (NYSE:UBER)


In a recent turn of events, Uber Technologies Inc. UBER and Lyft Inc. LYFT have decided to delay their departure from Minneapolis, providing temporary relief to users who rely on their services.

What Happened: The two leading ride-hailing companies, Uber and Lyft, have extended their operations in Minneapolis until July 1, Reuters reported on Friday. This follows a Minneapolis City Council decision to postpone the enforcement of a new driver pay ordinance.

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The ordinance, which mandates a minimum hourly wage of $15.57 for rideshare drivers, was originally set to take effect on May 1 but has now been pushed back to July 1 after a unanimous council vote.

This was in response to the council’s March decision, which followed protests by rideshare and delivery drivers on Valentine’s Day advocating for fair pay and working conditions.

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See Also: Jim Cramer Feels ‘Very Good’ About Ford As Jim Farley-Led Company Is Making A ‘Come Back’

Why It Matters: The decision to stay in Minneapolis comes after significant backlash from both companies against the City Council’s March ruling. The ruling, which overrode Mayor Jacob Frey’s veto, would have affected approximately 10,000 workers, according to the companies’ statements in March.

Uber and Lyft had expressed their disappointment, emphasizing that the council ignored data suggesting the negative impact of the wage mandate. The companies warned that the new law would force them to cease operations, leaving many drivers without work.

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Read Next: Tesla Back As Ark’s Darling: EV Giant Reclaims Top Spot In Cathie Wood’s Flagship Fund After Over 2 Years

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Minneapolis, MN

Woman gravely injured in shooting near Minneapolis homeless encampment

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Woman gravely injured in shooting near Minneapolis homeless encampment


Woman gravely injured in shooting near Minneapolis homeless encampment – CBS Minnesota

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Minneapolis Police say a woman was seriously injured after being shot near a homeless encampment at 28th and Columbus.

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Minneapolis, MN

Woman found seriously wounded after being shot in south Minneapolis

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Woman found seriously wounded after being shot in south Minneapolis


A woman was shot Saturday evening in south Minneapolis and found seriously wounded in a nearby homeless encampment. Minneapolis police responded at 6:07 p.m. to a shooting report on the 2800 block of Park Avenue South. Police said they found evidence of shooting and then found a woman in her 20s with a “life-threatening” gunshot wound at an encampment at East 28th Street and Columbus Avenue. …



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Minneapolis, MN

MPD need help finding missing 8-year-old Kaiyan Wright

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MPD need help finding missing 8-year-old Kaiyan Wright


NEXT Weather: 6 p.m. forecast for Saturday June 15, 2024

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NEXT Weather: 6 p.m. forecast for Saturday June 15, 2024

04:31

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MINNEAPOLIS update: Police say that the 8-year-old has been found safe. 

Original story: 

Minneapolis Police are asking for the public’s help in finding a missing 8-year-old. 

Police say that he was last seen around 4 P.M. Saturday near 34th and Emerson Avenue North. He was riding a green electric scooter at the time. 

According to police, Wright was wearing a maroon sweatshirt, blue shorts and red and white croc shoes. 

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He is 5’3″ and has brown hair. 

Police say that anyone who sees Kaiyan is asked to call 911 immediately. 



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