Previous Close | 0.3200 |
Open | 0.3800 |
Bid | 0.3500 |
Ask | 0.4000 |
Strike | 11.00 |
Expire Date | 2024-09-20 |
Day's Range | 0.3800 - 0.3800 |
Contract Range | N/A |
Volume | |
Open Interest | 210 |
ST. PAUL, Minn. (AP) — Uber and Lyft plan to keep operating in Minnesota after the state Legislature passed a compromise driver pay package, the companies said Monday. The House passed the compensation bill but the measure was held up in the Senate before winning approval prior to the midnight Sunday deadline for lawmakers to pass bills before they adjourned. The bill now moves to Gov. Tim Walz to be signed into law, the Star Tribune reported. The proposal was crafted by Democrats to replace a m
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.