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Papa John's founder resigns after use of racial slur

The founder of Papa John's, John Schnatter, has resigned as board chairman following reports that he used the N-word on a conference call earlier this year.

Why it matters: This is the latest move from a large company in publicly taking a stand against racial discrimination. Earlier this year, Starbucks closed their stores for anti-bias training following the arrest of two black men at a Philadelphia store.