Tag: Rite Aid Corporation

Rite Aid’s A.I. Facial Recognition Wrongly Tagged People of Color as Shoplifters

Under the terms of a settlement with the Federal Trade Commission, the pharmacy chain will be barred from using the technology as a surveillance tool for five years.

Rite Aid Files for Bankruptcy, Facing Slumping Sales and Opioid Suits

The pharmacy chain, one of the country’s largest, faces more than a thousand lawsuits that say it filled illegal prescriptions for painkillers.

As the Fed Raises Rates, Worries Grow About Corporate Bonds

Executives, analysts and bond traders are all wondering if corporate finance is about to unravel as interest rates rise.