Voters rejected the ride-sharing companies' proposal to self-regulate and do their own screening of drivers
Uber and Lyft are shutting down their operations in Austin, Texas, after losing a battle over background checks. Voters rejected the ride-sharing companies' proposal to self-regulate and do their own screening, and the city will now require on-demand drivers to get fingerprinted. CBS News financial contributor Mellody Hobson joins "CBS This Morning" from San Francisco to discuss the implications of the vote.
