Previous close | 0.0100 |
Open | 0.0100 |
Bid | 0.0000 |
Ask | 0.1000 |
Strike | 87.00 |
Expiry date | 2024-05-24 |
Day's range | 0.0100 - 0.0100 |
Contract range | N/A |
Volume | |
Open interest | 335 |
Ride-hailing companies Uber and Lyft said Monday they will keep operating in Minnesota now that state lawmakers have passed a measure that will increase driver pay, but at a lower rate than approved by Minneapolis officials earlier this year. Although the new pay minimums are less than the rate approved by the Minneapolis City Council in March, they are intended to ensure drivers across the state are paid at least the city’s minimum wage equivalent of $15.57 an hour, though they also might mean increased costs for passengers. Minnesota lawmakers approved the pay plan Sunday night, on the last day of the legislative session and sent the measure to Gov. Tim Walz, who has said he will sign the bill into law.
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The ride-hailing company announced the measure to help it meet its pledge that all Uber vehicles in London will be fully electric by the end of 2025.