Finance minister thomas is to reform the countrys pension system. Brazil is in its worst recession since the 1930s. Im mark crumpton. Bloomberg west is next. Brad im brad stone and for emily chang. This is bloomberg west. Coming up, apple drops a billion dollar, investing in one of ubers rivals. What this means for apples Current Mission and its relationship with the Chinese Government. Pods a stepic closer to becoming reality . We have the details. Tesla shifts reduction into ludicrous mode as ceo elon musk promises to deliver half a million cars by 2018. Can he get there . We will discuss. But first to our lead apple dropping 1 billion on ubers rival in china and its a big deal for several reasons. This is one of apples biggest deals ever, second only to its acquisition of beats in 2014. It also came in just teed of president of the company met tim cook only about a month ago. And it could be a public show of goodwill to the Chinese Government. We will discuss what edge this didi in
Not. And this water is contaminated. But, a spokesperson for mosaic is saying that con tam in the watered has not left property hes hoping to sure surrounding Community Folks living in the neighborhoods around here that, that contaminated water is not going to risk to their Drinking Water. The company is also offering to come out to anybodys homes if they are concerned and test that Drinking Water for them. But lets talk about how all of this started. How we got though this point. On water level dropping at one of the plants stacks. And it was quickly determined that a massive 45 foot sinkhole had opened up underneath that stack. Hundreds of millions of gallons of reprocessed water has gushed into the floridian you aquifer. Company immediately notified federal and state environmental agencies and has been taking steps to minimize the potential impact. That includes making sure that any of that contaminated water the aquifer flows then into wells on the companys property. They want to m
Suit in july. Paul ryan and nancy pelosi gathered on the steps of the capitol to commemorate the 50th anniversary of the 9 11 attacks. Bloomberg will have coverage. Im emily chang and this is the request. Warnings about exploding samsung phones getting louder. Shut them off immediately. His oftenplain why nine explosion is more mysterious one week later. And he is helping a new of being a new acquisition will clear the road to the worlds most congested city. Thetral bank scares dow fell more than 300 points after a Federal Reserve official warned that waiting to want to raise Interest Rates overheats the u. S. Economy and could risk financial stability. The a breakdown of successful breakdown. Wasf all the weakness tech a new means positive. Given the big losses this is one of the groups that held the a little bit. ,o give a little perspective this has been a group that has done pretty well. It has been the past best performer. Upre is still they are 10. 4 versus the s p 7 . Moving dow
He is thinking of calling it a day on the ongoing talks. Transfer gives the green light for the north dakota pipeline. The company rejecting requests from native americans and protesters. Construction on the 3. 8 billion pipeline it stalled after one tribe follow filed suit. Pelosian and nancy gathered on the steps of the capitol to commemorate the 15th anniversary of the 9 11 attacks. Bloomberg will have coverage at 8 45 a. M. New york time. Im emily chang and this is bloomberg west. Coming up, warnings about exploding samsung phones getting louder. Officials saying shut them off immediately. We will explain why his often explosion is more mysterious one week later. And he is helping a new of being a new acquisition will clear the road to the worlds most congested city. But first, eight centralbank scare in the worst selloff since brexit. The dow fell more than 300 points after a Federal Reserve official warned that waiting to too long to raise Interest Rates overheats the u. S. Econo
Am mark crumpton. This is bloomberg. Bloomberg west does next. ; this is bloomberg west. Coming up, 22 billion wifes out wipeout samsung us market cap. The company promotes a young leader. And Self Driving Car Technology back in the spotlight. The Biggest Companies are struggling to chart the path to market. Facebook messenger releases new tools round box and businesses. We will hear from the head of messaging about his vision for the service. First to the lead. Tesla shares rising after elon musk reveals updates to the electric cars autopilot feature. It has been under fire after a driver was killed when his car collided with a truck on a florida highway. He was using the autopilot. Eature elon musk says these updates would have saved this drivers life. How so . Are having some technical difficulties. We will get back to her. I want to move onto another story. Lending club has hired a former Washington Mutual cfo to become its new cfo new financial officer. Lending club the founder re