Uber and Lyft say they'll leave Minneapolis rather than pay drivers its new minimum wage

Minneapolis passed a law requiring rideshare companies to pay its drivers more. Uber and Lyft say they'd rather leave.

Lyft and Uber said they will cease operations in Minneapolis after the city's council voted Thursday to override a mayoral veto and require that ride-hailing services increase driver wages to the equivalent of the local minimum wage of $15.57 an hour.

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