Investing in a start-up is not just about the idea, it's also about the people and the team behind the product. That's why Rooster McConaughey and Butch Gilliam wanted their new investing show to focus on just that. The Texas millionaires are coming to A&E with "Rooster & Butch," a new investing show that feels more like friends hanging out than a VC pitch meeting.
McConaughey and Gilliam stop by Cheddar to explain why they are so passionate about funding entrepreneurs and about their unique approach to pitches. The pair live by their "golden rule." They want to help people out because they are grateful fo the help they have received along with their careers. Gilliam is particularly passionate about investing in people over ideas. He believes in finding entrepreneurs who are similar to him and McConaughey.
And their advice when it comes to inventing: the pair says that all entrepreneurs need to be tough. You will undoubtedly fail at some of your ventures, but if you stick to it, certain ideas will find success.
Kraft Heinz is splitting into two companies a decade after they joined in a massive merger that created one of the biggest food companies on the planet. One of the companies will include brands such as Heinz, Philadelphia cream cheese and Kraft Mac & Cheese. The other will include brands like Oscar Mayer, Kraft Singles and Lunchables. When the company formed in 2015 it wanted to capitalize on its massive scale, but shifting tastes complicated those plans, with households seeking to introduce healthier options at the table. Kraft Heinz's net revenue has fallen every year since 2020.
About 780,000 pressure washers sold at retailers like Home Depot are being recalled across the U.S. and Canada, due to a projectile hazard that has resulted in fractures and other injuries among some consumers.
President Donald Trump has fired one of two Democratic members of the U.S. Surface Transportation Board to break a 2-2 tie ahead of the board considering the largest railroad merger ever proposed.
Ford is recalling more than 355,000 of its pickup trucks across the U.S. because of an instrument panel display failure that’s resulted in critical information, like warning lights and vehicle speed, not showing up on the dashboard.
