Bank account switching declined as institutions cut incentives

Although the pandemic had the potential to deter users from switching banks, cash bonuses meant to draw in customers proved effective. But institutions need to do more to retain new users. Insider Intelligence publishes hundreds of research reports, charts, and forecasts on the Banking industry.Learn more about becoming a client. Current account switching in the UK fell around 30% last […]

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KTM, Husqvarna And GASGAS Recall Closed Course Competition Motorcycles

KTM, Husqvarna or GASGAS Motorcycles recalled about 1,470 units of KTM, Husqvarna and GASGAS closed course competition motorcycles for possible crash hazard and/or property damage, according to a statement issued by the U.S. Consumer Product Safety Commission. The company said the drive chain of these motorcycles can break to pose a crash hazard and/or property damage. The recall involves Model […]

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Day camps, paying teens to study: Summer school looks different. Will it help kids catch up?

Kamiyah Sanders and Jonta Jenkins take part in the learning opportunities offered during the Children's Defense Fund Schools summer program last July at Dixon School of Arts and Sciences in Pensacola, Florida. (Photo: Tony Giberson, USA TODAY Network) Ever since public schools reopened for older students in Tulsa, Oklahoma last month, Shannon Luper’s granddaughter has been eager to get out of the house. The local rollerskating […]

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'I didn't want to be Asian at all,' college student tells CNN

London (CNN)The outpouring of grief and anger over the news that six Asian women were among those killed in the shootings at three Atlanta area massage parlors has drawn attention to the rise of anti-Asian violence in the US. And it’s not just an American problem. From the UK to Australia, reports of anti-East and anti-Southeast Asian hate crimes have […]

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Morgan Stanley plans to raise dividend when Fed allows: letter

FILE PHOTO: People take photos by the Morgan Stanley building in Times Square in New York City, New York U.S., February 20, 2020. REUTERS/Brendan McDermid/File PhotoNEW YORK (Reuters) – Morgan Stanley plans to increase the dividend it pays shareholders when restrictions are lifted by the Federal Reserve, according to a letter Chief Executive James Gorman sent to shareholders on Thursday. […]

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How a couple started a fitness franchise in a parking lot and grew it to over 100 locations and $100 million in revenue

Morgan and Devan Kline started Burn Boot Camp in 2012 with just $600 in their pockets. In 2017, they opened their 100th location. In 2019, they reached $100 million in total revenue. They attribute their success to being trainers themselves and having a unique franchise model. See more stories on Insider’s business page. Morgan and Devan Kline cofounded Burn Boot […]

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The rise of Anne Wojcicki, the CEO of 23andMe who's about to be worth more than $1 billion when the genetic-testing giant makes its public debut

Anne Wojcicki, the CEO of 23andMe, could be worth $1.05 billion when the company goes public. Wojcicki cofounded the genetic testing company in 2006 after a career on Wall Street. Wojcicki is fitness-obsessed and frugal, has three kids, and was married to Google’s Sergey Brin. See more stories on Insider’s business page. Anne Wojcicki is about to join the ranks […]

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Nio, XPeng Report Huge Sales Growth for March and Q1

China-based electric vehicle (EV) makers Nio Ltd. (NYSE: NIO) and XPeng Inc. (NYSE: XPEV) on Thursday reported vehicle delivery totals for March and for the first quarter of the year. Li Auto Inc. (NASDAQ: LI) is expected to report deliveries soon, and so is Tesla Inc. (NASDAQ: TSLA). The consensus estimate for Tesla’s first-quarter deliveries has settled around 162,000 units. […]

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