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Uber, DoorDash lose bid to block minimum wage in NYC, Bloomberg says

Uber *UBER), DoorDash (DASH) and Just Eat Takeaway.com’s (JTKWY) GrubHub lost their bid to block New York City from setting minimum pay for food delivery workers, Bloomberg reports. New York State Supreme Court Justice Nicholas Moyne on Thursday declined to bar the city from implementing the rule, which forces companies to either pay couriers a flat hourly rate of $17.96 or pay per delivery at about 50c a minute, according to Bloomberg.

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