Taking On The Big Hitters In The Baseball Bat Industry
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 key index of underlying inflation that is closely followed by the Federal Reserve remained elevated last month, keeping the Fed on track to raise interest rates next week for the 10th time since March of last year.
As a growing number of overweight Americans clamor for Ozempic and Wegovy — drugs touted by celebrities and on TikTok to pare pounds — an even more powerful obesity medicine is poised to upend treatment.
A California judge is ordering Tesla CEO Elon Musk to be interviewed under oath regarding statements about the safety and capability of the car maker's autopilot features.
David Wright, president and owner of Wright Financial Group LLC, joined Cheddar News to discuss Thursday's trading as stocks closed higher amid strong tech profits. But Wright says banking stress could sway markets down as the Federal Reserve could weigh more rate increases.
The Gap is laying off 1,800 corporate workers, roughly three time the number of headquarters jobs it cut last fall, as the struggling chain cuts costs in a bid to become more nimble.