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Transcripts For BLOOMBERG Bloomberg West 20160513

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

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