When it comes to making baseball bats, everyone knows the name Louisville Slugger. When David Chandler started making his own line of bats in 2010, he knew he had a target on his back. Seven years later, the Chandler bat is being used by some of professional baseball's top players.
David Chandler, Founder and President of RxSport Corp., shares how he made a pivot from making high-end furniture to designing baseball bats. He says that he saw a place in the market for a better-crafted product when the MLB was having problems with maple bats breaking. The League was considering outlawing maple as a material for crafting bats, but Chandler says it wasn't a material issue, but a manufacturing issue.
Now Chandler makes bats for MLB all-stars like Aaron Judge and Bryce Harper. He says that the players do a lot of the heavy lifting when it comes to marketing. As more players see how the Chandler Bat performs on the field, the more bats Chandler sells.
A group of musical publishers representing major artists is suing Twitter for copyright infringement for $250 million.
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Ed Siddell, CEO and chief investment officer with EGSI Financial, joined Cheddar News to discuss Thursday's positive trading session in what Siddell called "a year of momentum" as investors continue to digest a heavy amount of news that includes monetary policy, inflation concerns, banking fears and some positive economic data.
Rivian is expanding into New York City and launching its first showroom there. Cheddar News took a look at the showroom in NYC that the company is calling "spaces," which is intended to be experiential retail locations to woo new customers.
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The U.S. Department of Agriculture said Wednesday it hopes to weed out false or misleading animal-welfare claims on meat and poultry packaging with new guidance and testing.
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The price of one kitchen staple is dropping at a historic rate. In May, egg prices had their largest monthly decline in 72 years. Ricky Richardson, CEO of South Carolina-based Eggs Up Grill, joined Cheddar News to discuss the state of play in the egg industry as prices fall while food costs overall are on the rise again. Egg prices are "returning to more normal levels now, we're running down about 40% on a year-over-year basis," he said.
