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Rite Aid shareholders pull back CEO parachute
Camp Hill, Pa. – Shareholders of Rite Aid Corp. have voted to tighten the reins of the “golden parachute” payment CEO John Standley will receive if the company is acquired and he loses his job as a result. Standley had previously been slated to receive $42 million in such an event, including $31.6 million in vested equity.
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Retailers urge Congress to make changes to heathcare act
Arlington, Va. -- The Retail Industry Leaders Association (RILA) is calling on Congress to make “much-needed” changes to the Affordable Care Act (ACA).
The move comes in response to the Supreme Court of the United States' ruling Thursday upholding subsidies provided through ACA.

