Lyft loses effort to block NYC’s driver wage rule

Lyft’s effort to block New York City’s first-in-the-nation minimum wage rules for drivers was blocked by a state judge Wednesday, according to Business Insider. Judge Andrea Masley ruled that Lyft’s lawsuit, which was filed in January, was insufficient to overturn the law that went into effect February.Under the law that went into effect in February, ride-hail companies must pay drivers at least $17.22 an hour after expenses. The pay formula uses a so-called utilization rate,