Uber, Lyft to stop operations in Minneapolis over minimum wage law


A sign marks a rendezvous location for Lyft and Uber users at San Diego State University in San Diego California U.S. May 13 2020. REUTERSMike BlakeFile Photo

A sign marks a rendezvous location for Lyft and Uber users at San Diego State University in San Diego, California, U.S., May 13, 2020. REUTERS/Mike Blake/File Photo

(Reuters) - Uber Technologies and Lyft said on Friday they will stop operations in Minneapolis starting May 1 after the city's council paved the path for rideshare drivers to be paid a minimum wage.

The council voted 10-3 to override Mayor Jacob Frey's veto, ensuring rideshare drivers in the city are paid $15.57 an hour.

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