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<ul class="summary-list"><li><keyword id="11910362" type="UNKNOWN" weightage="60" keywordseo="florida" source="Orion">Florida</keyword> Gov. Ron <keyword id="12020322" type="UNKNOWN" weightage="60" keywordseo="desantis" source="Orion">DeSantis</keyword> downplayed <keyword id="8913051" type="UNKNOWN" weightage="60" keywordseo="covid-19-testing" source="Orion">COVID-19 testing</keyword>, saying it's unnecessary for people without symptoms of the virus. </li><li>He called the testing "a lockdown by stealth" and said it's unlikely to "yield very much clinical value." </li></ul>Florida Governor Ron DeSantis downplayed <keyword id="11893994" type="UNKNOWN" weightage="60" keywordseo="covid-19" source="Orion">COVID-19</keyword> testing for people without symptoms, calling it a "lockdown by stealth." When asked <a href="https://twitter.com/therecount/status/1479489075363164167">at a press conference</a> on Friday about the lack of available tests in Florida, DeSantis said that it's unnecessary for people who are not experiencing any symptoms to test for the <keyword id="11893194" type="UNKNOWN" weightage="60" keywordseo="coronavirus" source="Orion">coronavirus</keyword>. "The lowest value testing is just people who are just going to test to say 'hey, am I sick?'" he said. DeSantis argued that no one sought out testing to determine they were sick unless they were presenting symptoms of an illness before COVID-19."This is kind of a new thing where they've been saying to go out and test all the time," he said.Though DeSantis said anyone is free to get tested if they want, "it's unlikely to yield very much clinical value for you.""It's essentially a lockdown by stealth," he argued. DeSantis' opinion contradicts the prevailing point of view among public health experts, who say that more, not less testing is key to limiting the virus' spread."Our esteemed governor seems to think that if we just do not look for the problem the problem will disappear," Thomas Unnasch, Distinguished Public Health Professor at the University of South Florida told Insider."Wishing it will go away is not an effective response," he added.Edwin Michael, an epidemiologist at the University of South Florida, told Insider "testing is important because the majority of cases from omicron are asymptomatic but these individuals can spread infection including to older more vulnerable individuals." "Without testing there is a danger that unchecked asymptomatic transmission of the virus in the community might lead to yet another more transmissible and immune evasive variant to emerge and spread," he said. "This will thus lead to repeat cycles of infection requiring repeat booster vaccinations and perhaps even social mitigation measures to contain such cycles of waves going forward.""Thus it is more prudent to enlarge testing and isolation, and encourage the take up of booster vaccinations, including planning for a 4th vaccination (like Israel), to get a hold of the pandemic once and for all," he added.Michael said that DeSantis should be encouraging vaccinations and testing rather than saying it is not necessary. DeSantis has long opposed measures such as increased testing and vaccine mandates to combat COVID-19.His latest comments come just days after <a href="https://www.businessinsider.com/florida-surgeon-general-covid-19-testing-2022-1?utmSource=twitter&amp;utmContent=referral&amp;utmTerm=topbar&amp;referrer=twitter">Florida Surgeon General Joseph Ladapo called for people to stop relying on COVID-19 testing</a> and his announcement that the state will be prioritizing "high-value testing" as the state experiences a record-setting COVID-19 surge. DeSantis' administration also recently admitted that 1 million COVID-19 rapid tests were left to expire in a Florida warehouse in December. A Florida health official said the tests weren't used because of a lack of demand, despite long lines being reported at testing facilities around the state during the holidays.Public health experts recommend waiting five to seven days after any known coronavirus exposure to get a COVID test, <a href="https://www.businessinsider.com/fixing-america-covid-19-mistakes-test-more-be-more-precise-2021-3">Insider previously reported</a>. Even asymptomatic people could still spread disease, experts say, so knowing you're positive could help protect others and prevent the spread of the virus.A negative test should also be treated with caution, experts told Insider, since test results only reflect your level of infection at that moment. Ultimately, experts said that more people should be getting tested more regularly.

DeSantis downplays COVID-19 testing for people without symptoms, calling it a 'lockdown by stealth'

<ul class="summary-list"><li>The <keyword id="11898248" type="UNKNOWN" weightage="60" keywordseo="sp-500" source="Orion">S&amp;P 500</keyword> ended at a record high Thursday as investors headed out for Christmas break. </li><li>Investors have set aside worries about rising Omicron cases over the past three sessions. </li></ul>US <keyword id="11893878" type="UNKNOWN" weightage="60" keywordseo="stocks" source="Orion">stocks</keyword> finished higher Thursday, with the S&amp;P 500 closing at a record high before the Christmas break after investors sifted through a big batch of economic data that included weekly jobless claims holding steady as the Omicron variant spreads. Stocks notched three straight days of gains. Industrials led 10 of 11 sectors tracked on the S&amp;P 500 and nearly all of the members of the <keyword id="11907242" type="UNKNOWN" weightage="60" keywordseo="dow-jones-industrial-average" source="Orion">Dow Jones Industrial Average</keyword> ended higher. Following a sell-off last week, stocks have switched into recovery mode on signs the world's largest economy will be able to avoid mass shutdowns because of the new Omicron strain of coronavirus. New coronavirus case counts in the US have risen by nearly 53% over the week, reaching 243,817 on Wednesday, according to <a href="https://covid.cdc.gov/covid-data-tracker/#trends">data from the Centers for Disease Control and Prevention</a>. "Although the Omicron variant is highly transmissible, we believe that the market impact will continue to be tepid - and possibly even quite positive if it acts as a sort of "stealth vax" by providing antibodies at very low 'cost' given its mild nature," Scott Ladner, chief investment strategist at Horizon Investments, told Insider in a note Thursday. "Despite exponential growth in cases in the UK &amp; South Africa, hospitalizations &amp; mortality remain unchanged relative to previous waves. Barring any kind of restrictions that impede economic activity, <keyword id="11893875" type="UNKNOWN" weightage="100" keywordseo="markets" source="Orion">markets</keyword> will likely look through this uptick in cases," he said. Here's where US indexes stood at 4:00 p.m. on Thursday: <ul><li><a href="https://markets.businessinsider.com/index/s&amp;p_500?utm_source=markets&amp;utm_medium=ingest?utm_source=markets&amp;utm_medium=ingest">S&amp;P 500</a>: 4,725.80, up 0.62% </li><li><a href="https://markets.businessinsider.com/index/dow_jones?utm_source=markets&amp;utm_medium=ingest?utm_source=markets&amp;utm_medium=ingest">Dow Jones Industrial Average</a>: 35,950.63, up 0.55% (196.74 points)</li><li><a href="https://markets.businessinsider.com/index/nasdaq_composite?utm_source=markets&amp;utm_medium=ingest?utm_source=markets&amp;utm_medium=ingest">Nasdaq Composite</a>: 15,653.37, up 0.85% </li></ul>Among Thursday's data, jobless claims were largely unchanged from last week at 205,000, and the Commerce Department said consumer spending rose by 0.6% in November, although that was slower than October's growth rate of 1.4%. Meanwhile, the Federal Reserve's preferred measure of inflation rose by more than expected. The core PCE price index rose 0.5% month-over-month in November, higher than expectations of a monthly rise of 0.4%. The 12-month inflation rate of 4.7% was above expectations of 4.5%Around the markets, Elon Musk <a href="https://markets.businessinsider.com/news/stocks/elon-musk-tesla-stock-sales-almost-done-selling-stake-goal-2021-12">sold more Tesla share</a>s for $15.4 billion in total, saying there are still a few more shares to go.Chamath Palihapitiya's four blockbuster <a href="https://markets.businessinsider.com/news/stocks/chamath-palihapitiya-spacs-companies-investing-clover-sodi-virgin-opendoor-2021-12">SPAC mergers have tumbled 32%</a> this year as investors ditch flashy growth stocks.The Bored Ape Yacht Club collection of NFTs <a href="https://markets.businessinsider.com/news/currencies/bored-ape-yacht-club-nfts-beat-cryptopunks-first-time-price-2021-12">topped CryptoPunks for the first time</a> on a key price metric. Oil prices rose.<a href="https://markets.businessinsider.com/commodities/oil-price?type=wti?utm_source=markets&amp;utm_medium=ingest?utm_source=markets&amp;utm_medium=ingest"> West Texas Intermediate crude</a> moved up 1.4% to $73.79 per barrel.<a href="https://markets.businessinsider.com/commodities/oil-price"> Brent crude,</a> the international benchmark, climbed 2% to $76.79.<a href="https://markets.businessinsider.com/commodities/gold-price?utm_source=markets&amp;utm_medium=ingest?utm_source=markets&amp;utm_medium=ingest">Gold</a> picked up 0.4% to $1,810.10 per ounce. The<a href="https://markets.businessinsider.com/rates/u-s--rates-10-years"> 10-year yield</a> rose 4 basis points to 1.495%. <a href="https://markets.businessinsider.com/currencies/btc-usd">Bitcoin</a> advanced by 4% to $51,046.17.

US stocks close at record highs as Omicron fears ease going into holiday break

Happy New Year! I'm Matt Turner, editor-in-chief of business at Insider.Here at Insider, we have lots planned for the year ahead. But first I want to take a moment to look back at some of our best reporting from 2021. These stories touch on some of the biggest storylines in business from the past 12 months. There's the explosion in retail trading (read this powerful essay <a href="https://www.businessinsider.com/addicted-to-robinhood-wallstreetbets-day-trading-lost-everything-2021-2">on being addicted to Robinhood</a>) to the Great Resignation (we built a <a href="https://www.businessinsider.com/salary-database-google-goldman-amazon-how-much-top-jobs-pay-2021-7?r=salary-hp">database of 250,000 salaries at 250-plus companies</a>). There's a prescient look at the perils of hybrid work (this April story on <a href="https://www.businessinsider.com/wfh-expert-economist-nick-bloom-says-future-of-work-messy-2021-4">America's top WFH expert predicting turmoil</a>), and a look at the growing tension between leaders and employees (check out the essay Shopify's CEO sent to <a href="https://www.businessinsider.com/shopify-ceo-email-to-managers-we-are-not-a-family-2021-5">remind managers they're on a sports team</a>).And there are the stories that live up to our name, putting readers inside the companies and industries they care about. These include a close look at <a href="https://www.businessinsider.com/travis-kalanicks-cloudkitchens-repeats-uber-playbook-loses-staff-2021-4">CloudKitchens, Travis Kalanick's new startup</a>, a profile of <a href="https://www.businessinsider.com/jon-gray-blackstone-profile-succession-schwarzman-interview-ceo-bumble-oatly-2021-1">Blackstone superinvestor Jon Gray</a>, and <a href="https://www.businessinsider.com/brandy-melville-teen-fast-fashion-racism-exploitation-hitler-marsan-2021-9">allegations of sexual exploitation at cult teen brand Brandy Melville</a>. We'll have lots more reporting like this in the months ahead. You can let me know what you think of these and all of our other stories at <a href="mailto:mturner@insider.com">mturner@insider.com</a>.Lastly, I want to thank you for reading Insider. It's a privilege to be in your inbox every Sunday, and I wish you every success in 2022. <a href="https://www.businessinsider.com/subscription">Subscribe to Insider</a> for access to all our investigations and features. New to the <keyword id="11894123" type="UNKNOWN" weightage="60" keywordseo="newsletter" source="Orion">newsletter</keyword>? <a href="https://www.businessinsider.com/subscription/newsletter/insider-weekly">Sign up here.</a> Download our app for news on the go – <a href="https://apps.apple.com/app/apple-store/id554260576?mt=8">click here for iOS</a> and <a href="https://play.google.com/store/apps/details?id=com.freerange360.mpp.businessinsider">here for Android.</a><h3><a href="https://www.businessinsider.com/salary-database-google-goldman-amazon-how-much-top-jobs-pay-2021-7?r=salary-hp">Here's how much you should be getting paid</a></h3><a href="https://www.businessinsider.com/salary-comparison-tool-database-companies-2021-7"></a>America has long had a taboo against salary sharing. So Insider compiled more than 250,000 salaries from more than 250 companies to help you determine how much you should be paid. Utilizing public disclosures from firms like Microsoft, Goldman Sachs, Google, and Amazon, Insider created a database, searchable by employer name, industry, type of job, and job location.<a href="https://www.businessinsider.com/salary-database-google-goldman-amazon-how-much-top-jobs-pay-2021-7?r=salary-hp">Compare salaries from top firms here.</a><h3><a href="https://www.businessinsider.com/travis-kalanicks-cloudkitchens-repeats-uber-playbook-loses-staff-2021-4">Travis Kalanick's CloudKitchens is Uber all over again</a></h3><a href="https://www.businessinsider.com/travis-kalanicks-cloudkitchens-repeats-uber-playbook-loses-staff-2021-4"></a><div type="image" title="travis kalanick cloudkitchen nightmare" height="1024" width="2048" msid="88650116" hostid="261"></div>Uber founder Travis Kalanick's talent for spotting game-changing trends has made him a key player in the food-delivery business. But this year, hundreds of employees have left his Saudi-backed startup, CloudKitchens.Meghan Morris reported in April that insiders say his stealth startup is ruled by a "temple of bros," and many staffers say that the company reinforces a hard-knock and super-secretive culture.<a href="https://www.businessinsider.com/travis-kalanicks-cloudkitchens-repeats-uber-playbook-loses-staff-2021-4">Go behind the scenes of CloudKitchens.</a><h3><a href="https://www.businessinsider.com/brandy-melville-teen-fast-fashion-racism-exploitation-hitler-marsan-2021-9">Exploitation at a cult teen brand</a></h3><a href="https://www.businessinsider.com/brandy-melville-teen-fast-fashion-racism-exploitation-hitler-marsan-2021-9"></a><div type="image" title="Girl with Brandy Melville sign" height="1500" width="2000" msid="88650119" hostid="261"></div>Kate Taylor reported in September that the CEO of the Instagram-popular retailer Brandy Melville wants his staffers to be young, thin, pretty, and white. Former staffers also described how higher-ups crossed professional boundaries regularly. One former employee described how a store owner sexually assaulted her, and another described racism and even Hitler memes. <a href="https://www.businessinsider.com/brandy-melville-teen-fast-fashion-racism-exploitation-hitler-marsan-2021-9">Read Insider's bombshell reporting on Brandy Melville.</a><h3><a href="https://www.businessinsider.com/addicted-to-robinhood-wallstreetbets-day-trading-lost-everything-2021-2">"I was addicted to Robinhood"</a></h3><a href="https://www.businessinsider.com/addicted-to-robinhood-wallstreetbets-day-trading-lost-everything-2021-2"></a><div type="image" title="Robinhood app on phone" height="1249" width="2500" msid="88650122" hostid="261"></div>In a powerful essay, a California schoolteacher wrote in February that he contemplated suicide after wiping out his $70,000 savings — and that he blames the popular trading app Robinhood for getting him hooked on gambling in the financial markets. After spending time online in the fun WallStreetBets Reddit forum and seeing the confetti animation of the Robinhood app, this retail trader started trading with his tax-sheltered IRA account. <a href="https://www.businessinsider.com/addicted-to-robinhood-wallstreetbets-day-trading-lost-everything-2021-2">Here's how it all went wrong. </a><h3><a href="https://www.businessinsider.com/mark-zuckerberg-kauai-estate-hawaii-land-appropriation-history-2021-11">Controversy over Zuckerberg's Hawaii estate</a></h3><a href="https://www.businessinsider.com/mark-zuckerberg-kauai-estate-hawaii-land-appropriation-history-2021-11"></a><div type="image" title="Zuckerberg's estate, Koʻolau moku" height="960" width="1920" msid="88650127" hostid="261"></div>A visually stunning multimedia report from November explores how the Facebook cofounder's massive 1,380-acre oceanfront Kauaʻi estate has reignited anger over two centuries of Native Hawaiians being forced off their land. Over the course of several years, Mark Zuckerberg used shell companies to acquire the majority of the local parcels of preserved land. He's the latest in a long line of outsiders using money or power to snatch up large tracts of the island. <a href="https://www.businessinsider.com/mark-zuckerberg-kauai-estate-hawaii-land-appropriation-history-2021-11">See Insider's interactive report here.</a><h3><a href="https://www.businessinsider.com/wfh-expert-economist-nick-bloom-says-future-of-work-messy-2021-4">America's top WFH expert anticipated turmoil</a></h3><a href="https://www.businessinsider.com/wfh-expert-economist-nick-bloom-says-future-of-work-messy-2021-4"></a><div type="image" title="Stanford economist Nicholas Bloom" height="1000" width="2000" msid="88650130" hostid="261"></div>In April, as companies were exploring hybrid work, Aki Ito spoke with a Stanford economist and WFH expert who had a stern warning: Brace for turmoil.Stanford economist Nicholas Bloom told Ito, "My advice is, in the short run, play it safe because you're opening Pandora's box. There are some adventurous firms out there. I would advise to go slowly and learn from their mistakes than from your own mistakes."The report has an added relevancy now, as companies grapple with Omicron, adjust their return-to-office dates, and attempt to navigate this new terrain.<a href="https://www.businessinsider.com/wfh-expert-economist-nick-bloom-says-future-of-work-messy-2021-4">Here's what else the WFH expert said.</a><h3><a href="https://www.businessinsider.com/shopify-ceo-email-to-managers-we-are-not-a-family-2021-5">Read Shopify CEO's email to managers</a></h3><a href="https://www.businessinsider.com/shopify-ceo-email-to-managers-we-are-not-a-family-2021-5"></a><div type="image" title="Tobias Lütke shopify" height="2117" width="4235" msid="88650133" hostid="261"></div>Over the past year, a debate over the role that companies should have in their employees' lives played out in the corporate world. Back in August, in the wake of internal discussions about race, Shopify CEO Tobi Lütke sent an email to managers outlining the company's core beliefs. We got a copy of that email. In the email, Lütke reminded managers that they are a sports team, not a family. <a href="https://www.businessinsider.com/shopify-ceo-email-to-managers-we-are-not-a-family-2021-5">You can read the full email here</a>.<h3><a href="https://www.businessinsider.com/jon-gray-blackstone-profile-succession-schwarzman-interview-ceo-bumble-oatly-2021-1">The man behind the future of Blackstone</a></h3><a href="https://www.businessinsider.com/jon-gray-blackstone-profile-succession-schwarzman-interview-ceo-bumble-oatly-2021-1"></a><div type="image" title="Jon Gray" height="975" width="1300" msid="88650135" hostid="261"></div>Golden boy Jon Gray is the future of Blackstone. He's the one responsible for putting together the firm's deal for Bumble, and he's helped usher in a massive company transformation in a number of ways. Last January, Casey Sullivan and Daniel Geiger spoke with 50 company insiders and those close to Gray to find out how he was able to rise to the top of the private-equity giant — and what comes next for the man and the company.<a href="https://www.businessinsider.com/jon-gray-blackstone-profile-succession-schwarzman-interview-ceo-bumble-oatly-2021-1">Here's how Jon Gray is remaking the firm</a>.<h3><a href="https://www.businessinsider.com/67-powerful-black-women-ceos-and-executives-in-corporate-america-2021-03">Powerful Black women in corporate America</a></h3><a href="https://www.businessinsider.com/67-powerful-black-women-ceos-and-executives-in-corporate-america-2021-03"></a><div type="image" title="Black women CEOs" height="1000" width="2000" msid="88650139" hostid="261"></div>Across corporate America, the struggle to place women, especially Black women, at the helm of major companies continues. But paving the way forward are people like TIAA CEO Thasunda Brown Duckett and Amazon's Carla Vernón — two of the 67 Black women Insider spoke with for this powerful package.Insider asked these successful women to reflect on their rise to the top, the struggle of being a Black woman in corporate America, and the best career advice they've received. Their responses are raw, emotional, and powerful.<a href="https://www.businessinsider.com/67-powerful-black-women-ceos-and-executives-in-corporate-america-2021-03">Here's how 67 powerful Black women responded.</a><h3><a href="https://www.businessinsider.com/seed-100-top-early-stage-vc-investors-2021-4">The Seed 100</a></h3><a href="https://www.businessinsider.com/seed-100-top-early-stage-vc-investors-2021-4"></a><div type="image" title="seed 100 thumb 2x1" height="1250" width="2500" msid="88650141" hostid="261"></div>Tens of thousands of institutions and individuals are active seed investors — many of them make money, but only a few succeed repeatedly. To keep track of the top players, Insider created the Seed 100: a list of VCs who have mastered early-stage investing, based on data analysis from seed venture-capital firm Tribe Capital. It's a searchable table that lets you search by name or sector and sort by rank, name, and city. <a href="https://www.businessinsider.com/seed-100-top-early-stage-vc-investors-2021-4">Here's the full list of 100 VCs</a>.Compiled with help from Phil Rosen.

A look back at 10 of Insider's best business stories of 2021, including coverage of CloudKitchens, Shopify, Robinhood, Blackstone, and more

You Searched For "Stealth Omicron" and got 3 results

DeSantis downplays COVID-19 testing for people without symptoms, calling it a 'lockdown by stealth'

Rebecca Cohen

US stocks close at record highs as Omicron fears ease going into holiday break

Carla Mozée

A look back at 10 of Insider's best business stories of 2021, including coverage of CloudKitchens, Shopify, Robinhood, Blackstone, and more

Matt Turner,Phil Rosen

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