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The CEO of Reddit darling Palantir was the highest paid chief executive of a public company last year

8 days ago   |   By Business Insider

Palantir, under CEO Alex Karp's leadership, is continuing its push into life sciences after a raft of pandemic-related government deals.
Drew Angerer/Getty Images
Alexander Karp was awarded a compensation package worth $1.1 billion in 2020.
The CEO has sold more than $300 million of Palantir stock in 2021 alone.
Karp's total compensation was roughly 8,943 times greater than that of his average employee.
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Alexander Karp , the CEO of Reddit favorite Palantir , was the highest paid chief executive of a public company...
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Bacon keeps getting more expensive - it now costs 13% more than last year, government data shows

9 days ago   |   By Business Insider

The price of bacon rose 13% year-on-year in May.
Getty Images
Bacon is way more expensive than it was a year ago.
The price of bacon has jumped 13% year-on-year, BLS data shows, and it rose 1.8% between April and May.
The consumer price index was up 5%, but signals suggest an inflation slowdown could be coming.
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Bacon is now 13% more expensive than a year ago, according to the latest data from the Bureau of Labor Statistics. And it's not just shoppers facing higher prices: The owner of Burger King and Popeyes says prices for its key ingredients...
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