Uber Technologies, Inc (NYSE:UBER) and Lyft, Inc (NASDAQ:LYFT) drivers in Minnesota will receive higher pay starting January 1, 2025, thanks to a new law resulting from negotiations between the state and these ride-hailing giants. Governor Tim Walz, who supports the bill and will likely sign it, has agreed on rates of at least $1.28 per mile and $0.31 per minute for drivers. The rates align with a state study’s recommendations, which suggested earnings between $0.89 and $1.207 per mile and $0.48
California's Supreme Court will hear arguments on the constitutionality of Proposition 22, which classified drivers working in the gig economy as independent contractors.
(Reuters) -Judges on California's top court on Tuesday considered whether voters had the power to allow app-based services such as Uber and Lyft to classify drivers in the state as independent contractors rather than as employees with greater benefits. The seven-member California Supreme Court heard oral arguments in San Francisco in a lawsuit by the Service Employees International Union (SEIU) and four drivers who say a 2020 ballot measure known as Proposition 22 was unconstitutional. The measure exempts app-based drivers from a 2019 state law that narrowed the circumstances in which many workers can be treated as contractors.