Confined for 23 hours a day with only 15 to 20 minutes time out of the cell, Harlem-born hip-hop star and fashion icon A$AP Rocky (born Rakim Mayers), and two companions, have been jailed in Sweden for over two weeks following an altercation in the city of Stockholm. The U.S. Congressman serving Rocky's home district in New York City, Adriano Espaillat, is working to change that.
"Three young men, doing the right thing, successful, we're very proud of them, and they got bamboozled and thrown in jail," Espaillat told Cheddar Thursday. "That's why I'm fighting to get them out of jail."
On the final leg of their European tour, Rakim Mayers, and two other performers, Bladimir Corniel and David Rispers, were arrested and detained "for a suspected attack on an unknown person" on July 3, according to the Associated Press. In a video posted on the rapper's Instagram, two men are shown following the crew for multiple blocks, with one ultimately striking A$AP's security guard with headphones. Rocky can be heard repeatedly telling the two males to back away.
Swedish prisons are reportedly known for being a model for criminal justice, but Rep. Espaillat suggests his constituent's continued detainment and treatment might have more to do with the color of his skin.
"Race is always a factor, and continues to matter across the planet. In this case, it may have had something to do with it," the Congressman said.
"Sweden's gonna come out of this with a black-eye. I think that they really have not measured the kind of harm that it's done to their image," he added. "As a country that has always promoted itself for niceties, and having the haven of democracy there."
On Friday, a State Department official will travel to Stockholm to potentially rectify the situation. Kim Kardashian West announced over Twitter that President Trump, Secretary of State Mike Pompeo, Jared Kusher, and other members of the White House are working to free the three imprisoned in Stockholm.
At a press conference on Wednesday with the Congressional Black Caucus, Espaillat called on the State Department to do more, going as far as to call out Pompeo to "speak up."
Espaillat's message to a jailed A$AP: "We're fighting for you, stay strong, we'll get you out of there soon enough."
The "Long Live A$AP" rapper is known for his lyrics discussing a range of cultural topics from criminal justice, drugs, and race.
Daniel Madrzykowski, research director at the UL Fire Safety Research Institute, joins Cheddar News to discuss the deadly Bronx fire that killed 19 people and fire safety tips that people need to know about.
Markets closed the day mixed, and well off their lows of the day following a market meltdown earlier in the session. The Nasdaq staged a comeback late in the day, even amid ongoing worries about the Federal Reserve raising interest rates. Doug Flynn, certified financial planner and co-founder of Flynn Zito Capito, joined Cheddar News' Closing Bell to discuss the markets' close and what's driving the major indexes.
Two companies recently announced a new partnership aimed at addressing the growing demand to borrow against crypto - digital assets capital markets firm CrossTower is partnering with commercial bank, BankProv. The companies are launching a crypto lending platform that will allow Bitcoin miners to receive loans to invest in crypto mining equipment. The companies say the program also addresses the difficulty of breaking into crypto mining due to the high cost. CrossTower research analyst Martin Gaspar joins Cheddar News' Closing Bell to discuss.
Next-gen social sports platform Break the Love recently raised $2.5 million in seed funding. Break the Love's platform and iOS app allows users to discover and book group-based tennis activities, to either learn, train, or compete. The new company has already gotten support from a few big names in the world of tennis, including the coach of Naomi Osaka, as well as the United States Tennis Association and the brand Wilson. Break the Love founder and CEO Trisha Goyal joins Cheddar News' Closing Bell to discuss.
As the Omicron variant continues to sweep across the country. The US Supreme Court is expected to hear arguments at the end of this week on whether or not the Biden administration can force private companies to vaccinate or test millions of their employees. In addition, the National Nurses United has spearheaded legal action to protect nurses and health care workers, patients, and the public while on the job. President of the National Nurses Union, Zenei Cortez, joined Cheddar to discuss more.
China's ongoing crackdown of its own entertainment industry has been raising eyebrows for once now. With the ruling Communist Party instructing media companies to boycott immoral and overly entertaining stars. But the country has gone even further. Now experts warn that this could lead to further issues such as gender-based violence. Professor at the Institute of Sociology at National Tsinghua University, Hsiu-Hua Shen, and Associate Professor of Politics at Keough School of Global Affairs at the University of Notre Dame Joshua Eisenman, joined Cheddar to discuss more.
Today marks one year since the January 6 Attack on the United States Capitol. The Country watched as supporters of then-President Trump stormed what was assumed to be the most secure building in the country in an attempt to stop the certification of the 2020 Election. Several lawmakers, including the Vice President, could be seen ducking down as they feared for their lives. Democratic Michigan Representative Dan Kildee, joined Cheddar to discuss more.
Bed Bath & Beyond delivered disappointing fiscal third-quarter results for 2022. Shares initially dove more than 9% in premarket trading on the news but finished the day up nearly 8%. Bed Bath & Beyond has been a meme-stock target for online investors in the past -- so was meme-stock mania a factor in the recent stock movement for the company? Jaime Rogozinski, the founder of the subreddit WallStreetBets, joins Cheddar News' Closing Bell for more, as his forum helped spark the meme stock phenomena. He also discussed some decentralized finance services and trends for the retail investor to watch for in 2022.
Digital medical care provider Pear Therapeutics rang the closing bell on the Nasdaq Friday and President and CEO Dr. Corey McCann, joined Cheddar to talk about how the company plans to grow the business of software-based therapeutics and how the first FDA authorized prescription digital therapeutics company will go about treating illnesses like insomnia and addiction. "These really are pieces of software. In many cases, they're apps and in the cases of our addiction products, these are based on something called cognitive behavioral therapy or CBT," he said. "These products change the patient's brain circuitry to help them be abstinent, to help them stay in treatment, and that's exactly what we see in randomized clinical trials and that's what we see in the real world." He also addressed the ongoing mental health crises brought on by the pandemic. **copy updated to remove IPO information as Pear Therapeutics went public in December**
