Fiat Chrysler Automobiles announced in a five-year forecast that it’s investing $10.5 billion to electrify 30 models by 2022, including 14 Jeep models. “You will see that we concentrate our brand messages today on Jeep, Ram, Maserati and Alfa Romeo,” FCA CEO Sergio Marchionne stated. “These brands comprise the most significant portion of our revenues and our earnings.” FCA is tying its Chrysler brand’s future and growth to Google‘s Waymo, while Santander is in talks with FCA regarding U.S. capitalization.
Abercrombie & Fitch is turning around, along with Hollister.
Amazon, J.P. Morgan Chase and Berkshire Hathway health plan has rattled insurers, according to Jamie Dimon.
Apple expectations are low ahead of WWDC.
Facebook is removing trending topics feature.
Lululemon earnings (and premium hold) impress.
Microsoft‘s Hololens now helps blind people navigate buildings.
Samsonite parts ways with CEO over credential claims.
Uber‘s Bozoma Saint John takes “human branding” to Canada.
Walmart announces Jetblack personal shopping chatbot.
& UK survey reveals (lame) excuses for lack of gender diversity on corporate boards.