Uber and Lyft threaten to leave Minneapolis as city council passes pay floor for drivers

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The Minneapolis City Council passed an ordinance Thursday that guarantees a minimum pay floor for rideshare drivers in the city working for companies such as Uber and Lyft, despite threats from the companies that they will leave the city.

The ordinance would guarantee drivers earn $1.40 per mile, $0.51 per minute, and no less than $5 per ride. Drivers would also keep 80% of fees collected from canceled rides.

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