New California labor bill could upset Uber and Lyft

App-based companies like Uber and Lyft may soon have to treat their contract workers as company employees. This comes after lawmakers in California passed a bill yesterday, ordering the reclassification of drivers for the ride-hailing services. Yahoo Finance's Adam Shapiro, Julie Hyman, Alexis Keenan and Scott Gamm discuss with Charles Schwab Chief Investment Strategist Liz Ann Sonders.