"Minneapolis Prepares for Uber and Lyft Exit as New Rideshare Options Emerge"

Uber and Lyft plan to exit the Minneapolis market on May 1 in response to a new city ordinance requiring them to pay drivers a higher rate, sparking concern and debate. The ordinance mandates a minimum rate for drivers, which the companies argue is too high and would force them to leave. State lawmakers and the governor are considering intervening, while city council members are divided on the issue. Residents have mixed opinions, with some supporting the ordinance to help marginalized workers and others opposing it due to concerns about losing access to ride-hailing services.