GameStop gambit, Keurig Dr. Pepper a buy?thedigitalchaps

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Former financial plaything GameStop wants to play the stock market

Photo: Michael M. Santiago/Getty Images (Getty Images)

Normally, when a company builds up a huge cash position and not much debt, it uses the money to buy back shares and reward investors. Not GameStop. Instead, the retailer-turned-meme-stock announced it will now allow CEO and chairman Ryan Cohen to invest its $900 million in cash and cash equivalents in other companies’ stocks.—Melvin Backman | Read More

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Restaurants are raising wages faster than their food prices

A Chipotle restaurant advertises it is hiring in Cambridge, Massachusetts, U.S., August 28, 2023.

Restaurants are operating in a very tight labor market.
Photo: Brian Snyder (Reuters)

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