Palantir CEO becomes one of the highest-paid executives in history

Palantir CEO becomes one of the highest-paid executives in history

The head of unprofitable data analytics company Palantir has become one of the highest-paid executives in history, raking in more than $1.1 billion in total compensation last year. Peter Thiel-founded Palantir — which conducts secretive data-processing work for US government agencies and corporate clients like Morgan Stanley and Airbus — paid CEO Alex Karp $798 … Read more

AMC files to sell 11.5M shares, but investors may lose money

AMC files to sell 11.5M shares, but investors may lose money

Cinema chain AMC Entertainment announced Thursday that it plans to sell 11.5 million new shares amid a roller-coaster rally that’s sent its stock soaring — but the company also warned investors that they could lose all their money. “Under the circumstances, we caution you against investing in our Class A common stock, unless you are … Read more

Jobless claims fall below 400K for first time since March 2020

Jobless claims fall below 400K for first time since March 2020

The number of Americans seeking new unemployment benefits dropped below 400,000 for the first time since March of last year — marking a new pandemic low, the feds said Thursday. Initial worker filings for jobless claims, seen as a signal of layoffs, reached 385,000 last week, down from 406,000 reported the prior week, according to data … Read more

Google reassigns diversity chief after inflammatory blog post

Google reassigns diversity chief after inflammatory blog post

Google is removing its head of diversity strategy from his post — but keeping him in the company — after a 2007 blog post surfaced in which he wrote that Jews have “an insatiable appetite for war and killing,” and an “insensitivity” to people’s suffering. Kamau Bobb, whose bio still reads “Global Lead for Diversity … Read more

Manhattan politicos squash NYC casino project

Manhattan politicos squash NYC casino project

Manhattan politicos have squashed Gov. Cuomo’s plan to fast track a Las Vegas-style casino in the Big Apple, The Post has learned. As The Post exclusively reported in March, three big name casinos — Wynn Resorts, Bally’s Corp. and Las Vegas Sands — have been gearing up for a rare opportunity to compete for a … Read more

Activist Engine No. 1 wins third seat on Exxon board

Activist Engine No. 1 wins third seat on Exxon board

ExxonMobil shareholders elected a third director nominated by hedge fund Engine No. 1 to the oil company’s board, the company said on Wednesday, extending the new firm’s upset victory at one of America’s most iconic corporations. The election was a shock to an energy industry struggling to address growing investor concerns about global warming and … Read more

Scooter Braun sued over failed venture

Scooter Braun sued over failed venture

Music exec Scooter Braun, best known for his ugly public spat with Taylor Swift, lured a high-flying financier into a dead-end job by name-dropping stars like Kanye West, according to a new lawsuit.  Former Goldman Sachs partner Peter Comisar says Braun duped him into leaving his lucrative gig at Guggenheim Securities by promising him a … Read more

South Street Seaport transformation continues with Carne Mare

South Street Seaport transformation continues with Carne Mare

South Street Seaport’s effort to transform itself from a rowdy tourist destination to an actual hot spot will continue this month with the planned opening at Pier 17 of a new eatery by Michelin-rated chef Andrew Carmellini. The chef behind Locanda Verde in Robert de Niro’s Greenwich Hotel is gearing up to open Italian chop … Read more