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

    7 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

    8 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.
    See more stories on Insider's business page .
    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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