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Rite Aid CEO's $20 Million Pay Spurs Bankruptcy Lender Backlash

(Bloomberg) Rite Aid Corp.’s main lenders are demanding a proposed $20 million payout to Chief Executive Officer Jeffrey Stein be reduced before they fund the company’s exit from bankruptcy, according to people with knowledge of the situation.Most Read from BloombergBillionaire-Friendly Modi Humbled by Indians Who Make $4 a DayA Struggling Business Park Deals a Blow to Singapore's Regional Hub AmbitionsNvidia Tops $3 Trillion in Market Value, Leapfrogging AppleS&P 500 Hits 25th Record This Ye

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Jeffrey-stein
Rite-aid
Bloomberg
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Holdings-inc
Chief-executive-officer-jeffrey-stein

Rite Aid Reassures Creditors it Will Survive Chapter 11

Rite Aid Reassures Creditors it Will Survive Chapter 11
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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United-states
Michael-kaplan
Chris-hopkins
Jeffrey-stein
Aparna-yenamandra
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Rite-aid-corp
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Bloomberg
Rite-aid
Judge-michael

Amazon, Rite Aid Can't Get Enough Supply of Weight-Loss Drug Zepbound

Amazon, Rite Aid Can't Get Enough Supply of Weight-Loss Drug Zepbound
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Ohio
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Health-corp
Mckesson-corp
Drug-administration
Walmart-inc
Eli-lilly-co
Cardinal-health-inc
Mckesson

Rite Aid Banned From AI Facial Recognition by FTC After Misuse

Rite Aid Banned From AI Facial Recognition by FTC After Misuse
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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Trade-commission
New-york-city

Bankrupt Rite Aid Settles With Drug Supplier McKesson to Avoid Shortages

(Bloomberg) Rite Aid Corp. resolved a fight with its largest supplier of prescription drugs, McKesson Corp., that the retailer said threatened its ability to continue providing customers with life saving medicines and imperiled its ability to survive bankruptcy.Most Read from BloombergTreasury Yields Climb as Hot Data Fuel Fed Wagers: Markets WrapIsrael Latest: Biden Summit With Arab Leaders Is CanceledWill Xi Jinping’s Gamble on Vladimir Putin Pay Off?Hundreds Killed at Gaza Hospital as Isra

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Michael-kaplan
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