Uber and Lyft are quitting Minneapolis over a driver pay increase

Uber and Lyft plan to end operations in Minneapolis after the city council voted to increase driver pay. The council passed an ordinance on the issue last week. On Thursday, it voted to overrule a mayoral veto of the measure.

The new rules stipulate that ridesharing companies need to pay drivers at least $1.40 per mile and 51 cents per minute (or $5 a ride, whichever is higher) whenever they’re ferrying a passenger. Tips are on top of the minimum pay. According to the Associated Press,

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