These are the headlines you Need2Know:
* **More Violence in Chicago:**
Police reported Monday that at least 63 were shot in the city over the weekend, 10 fatally. Officials said most of the violence was gang-related. For more on this story, [click here](http://abc7chicago.com/10-killed-53-wounded-in-chicago-weekend-shootings/3892234/).
* **Michael Jordan Sides With LeBron James Over Trump:**
Michael Jordan defended fellow basketball superstar LeBron James after President Trump seemed to question James's intelligence in a tweet posted Friday night. The president added, "I like Mike," in reference to Jordan.
James had criticized Trump for using sports to divide Americans. The First Lady Melania Trump had praised James for his charity work and offered to visit his I Promise School in Akron, Ohio. For more, check out [CNN](https://www.cnn.com/2018/08/06/politics/lebron-james-melania-trump-white-house/index.html).
* **CBS Under More Scrutiny:**
The executive producer of "60 Minutes," Jeff Fager, has extended his vacation pending results of an independent investigation of sexual harassment allegations at the news network. CBS said that Fager would not return to work on Monday as scheduled. For more, [click here](https://www.nbcnews.com/business/business-news/cbs-60-minutes-chief-delays-return-harassment-investigation-continues-n897806).
* **Donald Trump, Jr. Didn't Break the Law, Says Dad:**
President Trump said on Twitter that his son, Donald Trump, Jr., met with a Russian lawyer to gather dirt on Hillary Clinton during the 2016 presidential campaign. In his [tweet](https://twitter.com/realDonaldTrump/status/1026084333315153924), the president said he was unaware of the meeting at the time, and his son didn't violate any laws. For more, check out [NPR](https://www.npr.org/2018/08/06/635860399/trump-admits-his-son-met-with-russian-lawyer-to-get-dirt-on-clinton).
Cheddar's Jill Wagner gets into the latest.
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Joe Landolina, CEO and Co-Founder of Cresilon, joins Cheddar Innovates to discuss how he's created a plant-based gel to easily treat wounds in both humans and animals.
The virtual world of the metaverse continues to present a bright future for many artistic creators. A group of six mural artists from the Bay Area have decided to turn their painted and installed murals into a one-of-a-kind collectible. Thanks to NFTS these murals can be enhanced and extend far beyond just their physical walls. Muralist and Creative Director of the Bay Area mural program Rachel Wolfe Goldsmith, joined Cheddar to discuss more.
New York City ride-hailing app drivers are about to get a pay raise. According to the city's Mayor Eric Adams, New York will increase its minimum driver pay rate for both Uber and Lyft drivers. This means both platforms would now be required to pay their drivers a minimum of $1.61 cents per mile and about 0.50 cents per minute. Ultimately, the move would give riders at least a 5.3% race. New York City Comptroller Brad Lander, joined Cheddar to discuss more.
A Senate bill unveiled on Wednesday looks to tackleonline safety for children by regulating Big Tech and social media platforms to deter users from content that can harm their mental health. Irene Ly, a policy counsel for the age-based ratings and review organization Common Sense Media, joined Cheddar News to break down the potential of the Kids Online Safety Act. "We can't be imposing such a big burden on parents to be doing it all on theirselves," Ly said. "I think you also have to keep in mind that parents often didn't grow up with social media, so they don't understand what it's like to be addicted to social media or really understand how they work."
While many still remain skeptical about the metaverse, big tech firms and even one big bank are ready to expand their virtual worlds. Facebook parent company has pivoted so hard it will now call its employees 'Metamates,' and even JPMorgan Chase has created its own digital lounge on one virtual platform. While the sector remains young, there seems to be significant investment opportunity, especially with companies like Nvidia. Adam Johnson, a portfolio strategist at Adviser Investments, joins Closing Bell to discuss which companies could win in this space, consumer appetite, and more.
Marc Blinder, Co-Founder and CEO of Aikon, joins Cheddar News' Closing Bell, where he discusses how his company is helping businesses use blockchain applications without needing to learn the intricacies of the new technology.
Senators Richard Blumenthal (D-Conn.) and Marsha Blackburn (R-Tenn.) have introduced a new bill to afford greater protection to minors on social media. The genesis of the Kids Online Safety Act came from a Facebook whistleblower case exposing the harm apps can have on the mental health of young girls.
