Minneapolis expected to give Uber and Lyft a reason to stick around — at least until July
CNN
Lyft and Uber might hit reverse on plans to leave Minneapolis by May 1 over a new minimum wage for rideshare drivers set to go into effect on that day, if a city council measure passes Thursday.
Lyft and Uber might hit reverse on plans to leave Minneapolis on May 1 over a new minimum wage for rideshare drivers set to go into effect on that day, if a city council measure passes Thursday. The issue stems from a March decision by the city council to override the mayor’s veto of a minimum wage for rideshare drivers, set at the local minimum wage of $15.57 an hour. That prompted Uber and Lyft to announce they’re ending operations in the city. Minneapolis City Council members are introducing an extension at this morning’s meeting to push the effective date to July 1, allowing time for lawmakers to hammer out a compromise in the minimum wage law and give more time for new ride-hailing services to start. Lyft said previously that the bill was “deeply flawed” and that the ordinance made its “operations unsustainable.” Uber said it was “disappointed the council chose to ignore the data and kick Uber out of the Twin Cities, putting 10,000 people out of work and leaving many stranded.” Mayor Jacob Frey, a Democrat, said he supported a minimum wage for rideshare drivers but opposed the ordinance because it didn’t factor in a Minnesota state study that analyzed how much drivers should be paid. The ordinance mandates rideshare drivers make at least $1.40 per mile and $0.51 per minute within Minneapolis. However, the analysis Frey referred to showed lower numbers — $0.89 per mile and $0.49 per minute.
As Elon Musk and his Department of Government Efficiency associates barrel through the federal government, former Twitter (now X) employees have seen this all before.
People don’t buy “domestic” cars or salute the “domestic” flag, so they shouldn’t drink “domestic” beer. At least, that’s what Anheuser-Busch’s CEO thinks.
As President Trump and Elon Musk remake the federal government through firings, orders and brute force, small news publishers that specialize in the federal workforce are landing big scoops and seeing equally big traffic gains.
Nissan is still holding “various discussions” with Honda, the carmaker said Wednesday in response to media reports that it is set to scrap merger talks with its larger rival.
The end of cheap Shein and Temu hauls? How Trump’s tariffs could make those shipments more expensive
Americans love Shein, Temu and Alibaba for two reasons: cheap prices and fast shipping.
The US Postal Service says it has temporarily suspended the acceptance of incoming international parcels from China and Hong Kong until further notice.
Google’s updated AI ethics policy removes its promise that it won’t use the technology to pursue weapons and surveillance.
Need a new computer, television or phone? You might want to consider getting one now.
Tensions among the United States and its three biggest trading partners are injecting uncertainty into the US economy, putting American business owners in an uncomfortable wait-and-see posture. We’d like to hear from you.
Australia has banned DeepSeek from all government devices over concerns that the Chinese artificial intelligence startup behind it poses security risks, the government said Tuesday.
The soaring price of eggs has forced Waffle House to add a temporary surcharge on customers’ orders.
Lower-income Americans are likely to feel the brunt of the unprecedented tariffs President Donald Trump has set in motion.
Tariffs have dominated headlines since President Donald Trump took office just over two weeks ago, as he threatened steep, sweeping tariffs on goods the United States imports from its three largest trading partners — Mexico, China and Canada — on Tuesday.