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Calculating crypto - 6 stocks for the next 10-15 years - 10 top forecasts for 2021

Sun, 01/17/2021 - 4:32pm

Dear Readers,

Has the stock market gotten too predictable for you? Indexes have hovered near record highs for months, and it's been the usual suspects driving moves: stimulus updates, economic-growth prospects, regulation and tax concerns, and maybe a dash of company earnings here and there.

Those looking for a little more excitement would be well-advised to look towards cryptocurrencies, which are constantly rewriting the record book amid unprecedented volatility.

Bitcoin in particular has been on a wild ride, with prices fluctuating by up to $5,000 per unit on any given day. New record highs are followed the next day by record drops. It's a chaotic scene not for the faint of heart.

If you aren't yet a subscriber to Insider Investing, you can sign up here.

We here at Insider have been sorting through the madness in an attempt to nail down a semblance of clarity. We spoke to the CIO of a $500 million crypto asset manager, who broke down five ways of valuing bitcoin and deciding whether to own it. You'll also want to check out our discussion with a crypto CEO, who explained why bitcoin could double in 2021.

For more, see below Insider's best Investing stories of the week, which include a wide array of additional recommendations, strategies, and tips for navigating uncertainty.

Thanks for reading!

-- Joe

6 stocks to own for the next 5-10 years, according to 96th-percentile investor

Over the past five years, Aram Green's Select Strategy fund has outperformed 96% of its competitors. He shared with Insider 6 stocks that he identified as having strong secular growth prospects over the next decade, some of which have cyclical tailwinds behind them as the economy recovers.

Read the full story here:

A growth-fund manager who's beaten 96% of his peers over the past 5 years shares 6 stocks he sees 'dominating their space' for the next 5 to 10 years - including 2 he thinks could grow 100%10 Wall Street experts share their 2021 stock forecasts

The majority of Wall Street's biggest firms remain bullish after a wild year that saw stocks plunge into the fastest bear market in March only to rebound to record highs and end 2020 with a 16% gain.

Despite their optimism, many strategists caution about risk factors that could derail the economic recovery and reopening, which is expected to support the next leg of the bull market.

We've compiled their best recommendations for how to maximize your returns in a year that is expected to carry forward much of the volatility and uncertainties of 2020.

Read the full story here:

10 top Wall Street experts unveil their stock-market forecasts for 2021 - and tell you where to put your moneyA warning from investing legend Jeremy Grantham

On a recent podcast appearance, investing legend Jeremy Grantham - who famously predicted the last two bubbles - said that SPACs are "encouraging the most obscene levels of speculation" and "should be illegal." Here are his complete thoughts on risk assets running wild.

Read the full story here:

Jeremy Grantham predicted the past 2 financial meltdowns. Now he says these 3 signals are foreshadowing a crash in another bubble being created by stocks and SPACs.JOIN OUR LIVE EVENT: How to invest in real estate

Join Insider on Wednesday, January 20 at 1 p.m. ET for a panel on how to invest in real estate in the coming year, featuring R. Donahue Peebles, founder, chairman and CEO of the Peebles Corporation, and Daryl Fairweather, Redfin's chief economist.

Register here.

Stock pick central

Seeking experts who are willing to name names? Look no further:

Read the original article on Business Insider

Rep. Marjorie Taylor Greene was suspended by Twitter for 12 hours not long after she told Trump supporters to 'mobilize' in a deleted tweet

Sun, 01/17/2021 - 3:37pm
Rep. Marjorie Taylor Greene seen here on the floor of the US House wearing a mask that incorrectly states "Trump won."
  • Rep. Marjorie Taylor Greene, a Republican from Georgia known for her promotion of the baseless QAnon conspiracy theory, was suspended by Twitter for 12 hours, her office said in a statement.
  • Twitter confirmed to Insider that Greene had been temporarily "locked out" from the account, citing violations of its civic integrity policy.
  • On Saturday, Greene tweeted a message that said, in part, Trump supporters should "mobilize and make your voices heard in opposition to these attacks on our liberties."
  • Social-media platforms, including Twitter, have cracked down on accounts that spread misinformation and encourage violence following a deadly insurrection by pro-Trump rioters at the US Capitol on January 6, angering conservatives.
  • Visit Business Insider's homepage for more stories.

Rep. Marjorie Taylor Greene, a Republican from Georgia, has been suspended from using Twitter for 12 hours, her office said in a press release Sunday.

"Just days after the Silicon Valley Cartel launched a multi-front attack to chill free speech in America by deplatforming President Donald Trump and purging an unknown number of conservatives, Twitter has decided to suspend my personal account without explanation," Greene said in the statement.

A Twitter spokesperson confirmed to Insider that Greene's account was "locked out for multiple violations" of its civic integrity policy. The company did not immediately answer which tweets violated the policy.

Prior to her temporary suspension, Greene tweeted a number of times Sunday, first about outlawing abortion, and in another series of tweets, about Republicans losing their majority in the US Senate.

Read more: Biden's inauguration is raising tens of millions of dollars but won't say how it's spending the money

Greene most recently tweeted just after 11:45 a.m. in Washington, DC. In that post, she criticized Georgia Secretary of State Brad Raffensperger. Trump and his allies have lashed out at Georgia elections officials, namely Raffensperger and Gov. Brian Kemp, both Republicans, for refusing to help him overturn Biden's win in the state.

On Saturday, Greene tweeted, and soon after deleted, as archived by ProPublica, a message that called for "all Americans," and notably Trump supporters, to mobilize.

"I encourage all Americans, not just the 75 million people who voted for President Trump, to mobilize and make your voices heard in opposition to these attacks on our liberties," she wrote Saturday in a tweet that was deleted about two hours after she sent it, according to ProPublica.

Greene is one of the GOP members of the House who raised an objection to the certification of the Electoral College vote that affirmed President-elect Joe Biden's win over Trump. 

Her suspension follows other high-profile suspensions on the platform, including President Donald Trump's permanent suspension, in the wake of the violent and deadly insurrection at the US Capitol on January 6.

In the days that have followed that riot that left at least five people dead, Twitter and other social-media platforms have taken greater steps to reduce misinformation and stem the organization of violence ahead of the inauguration of Biden this week.

The suspension comes as the Federal Bureau of Investigation has warned of armed protests at state capitol buildings across the US and about the threat of further unrest in Washington, DC ahead of Inauguration Day. 

Greene is known for espousing views in line with QAnon, the baseless, far-right conspiracy theory that has gained prominence among some Republicans, though Greene was the first person elected to Congress to publicly support the theory. In an interview with Fox News in August, Greene said she decided to "choose another path" after she found "misinformation" within the QAnon community, as Insider's Rachel E. Greenspan previously noted.

In a scathing op-ed published in The Atlantic Sunday, Nebraska Sen. Ben Sasse, a Republican, blasted Greene and members of his party for pandering to those who believe the nonsense theory, centered around the belief that Trump is fighting a "deep state" cabal of satanic pedophiles.

"The newly elected Representative Marjorie Taylor Greene is cuckoo for Cocoa Puffs," Sasse wrote in The Atlantic.

Read the original article on Business Insider

Photos show ramped-up troops and barriers locking down Washington, DC, ahead of Biden's inauguration

Sun, 01/17/2021 - 3:29pm
National Guard Citizen-soldiers stand guard downtown on January 17, 2021 in Washington, DC.
  • Local and federal officials in the city of Washington, DC, are on high alert ahead of this week's inauguration of President-elect Joe Biden.
  • Fears stem following the deadly insurrection earlier this month at the US Capitol led by supporters of President Donald Trump.
  • From non-scalable fencing around the US Capitol to the closure of the National Mall and streets in downtown DC, photos show the unprecedented measures officials are taking to ensure the presidential transition occurs smoothly.
  • Visit Business Insider's homepage for more stories.

Local and federal officials in Washington, DC, are taking unprecedented security measures ahead of the inauguration of President-elect Joe Biden and Vice President-elect Kamala Harris on Wednesday. 

While much of the ceremony was already planned to be virtual due to the continued COVID-19 pandemic, the armed and deadly insurrection at the US Capitol on January 6 has prompted increased measures, including the deployment of more than 20,000 members of the National Guard to the nation's capital. DC Mayor Muriel Bowser bluntly requested that people stay out of the city during the inauguration. 

At least five people died as a result of the January 6 insurrection, which was led by supporters of President Donald Trump who believed his baseless conspiracy theory that his loss in the election was the result of widespread voter fraud. There is no evidence to support such a theory.

Read more: Biden's inauguration is raising tens of millions of dollars but won't say how it's spending the money

From the additional troops to the closure of streets in downtown DC, photos show how leaders in Washington are preparing for the swearing-in of the new administration later this week.

At a press conference with DC and federal officials Friday, DC Mayor Muriel Bowser announced new security measures, saying the city found itself in "uncharted waters." Washington, DC, Mayor Muriel Bowser, holds a public safety briefing Friday.

Source: PBS

The Federal Bureau of Investigation has warned of armed protests in DC and in state capitols across the US this week, promoting heightened security nationwide. Onlookers snap a photo of the US Capitol through protective fencing installed after the January 6 attack.

Source: Insider

In a briefing with Vice President Mike Pence last week, FBI Director Christopher Wray said the agency saw an "extensive amount of concerning online chatter" leading to the enhanced security. A Secret Service tent in downtown DC on January 16, 2021.

Source: FBI

On January 13, Bowser requested that a National Special Security Event be declared earlier than is typical for a presidential inauguration. National Guard Citizen-soldiers stand guard downtown on January 17, 2021 in Washington, DC.

Source: PBS

Following the January 6 insurrection, a seven-foot, non-scalable fence was added around the Capitol Hill complex. Barbed wire sits atop the fence, providing an additional barrier to entry to the grounds. Security fencing runs down a street near the U.S. Capitol building, with the Washington Monument at top, on January 17, 2021 in Washington, DC. Over 20,000 troops in total will be deployed in the nation's capital for the January 20 inauguration. That's more than the number of troops currently serving in Iraq and Afghanistan combined. Members of the National Guard patrol inside the perimeter of the fence erected around the Capitol.

Source: USA Today

Road traffic in much of Washington has been halted as officials made the unprecedented move to close streets through Thursday. Four major bridges between Virginia and DC will also be closed to all traffic for 48 hours. Constitution Avenue is deserted next to the U.S. Capitol building on January 17, 2021 in Washington, DC.

Source: The Washington Post, Reuters

The closures are centered around downtown DC and around Capitol Hill, the Lincoln Memorial, Union Station, the National Mall, and the White House. A woman and her dog stand on a street that has been closed to vehicle traffic in Washington, DC.

Source: The Washington Post \

Parts of Washington looked like a war zone days before the inauguration as members of the National Guard patrolled the city in Humvees. Nation Guardsmen in a Humvee drive through the intersection of 15th street NW and L street NW on January 17, 2021 in Washington, DC. On Friday, the National Park Service closed the National Mall and other US landmarks in DC to visitors through at least January 21. During typical years, onlookers gather on the National Mall to watch a new president be inaugurated. The moon rises beyond spot lights on the National Mall framing the Washington monument as preparations are made ahead of President-elect Joe Biden's inauguration ceremony at the US Capitol in Washington, DC, on January 16, 2021.

Source: Reuters

Much of the inauguration was already expected to be held virtually due to the continued COVID-19 pandemic, but the insurrection prompted heightened security in DC. A rehearsal was pushed from Sunday to Monday, and Biden's planned Amtrak ride from Delaware was canceled. A Humvee is parked within the fencing that presently surrounds the US Capitol complex. President-elect Biden plans to be sworn in on the steps of the Capitol, as is customary. US flags can be seen hanging from the building ahead of Biden's swearing-in. The US Capitol is seen at night days ahead of Biden's inauguration.

Source: Politico

Airbnb canceled and blocked all Washington, DC, reservations during the week of the inauguration in an effort to discourage people from traveling there for the inauguration. A person rides a bike on a empty street on January 17, 2021 in Washington, DC.

Source: Insider

Because of the pandemic and the insurrection, the DC mayor has urged Americans to stay home and out of DC during the inauguration. Fencing is seen outside the UC Capitol Complex in Washington, DC, following the deadly insurrection there on January 6.

Source: WTOP

Read the original article on Business Insider

TSA 'significantly increased' security at DC airports ahead of Inauguration Day

Sun, 01/17/2021 - 3:25pm
Transportation Security Administration agents process passengers at the south security checkpoint at Denver International Airport in Denver.
  • The Transportation Security Administration has 'significantly increased' security at DC airports ahead of Inauguration Day. 
  • Following the attacks at the Capitol building two weeks ago, TSA is processing hundreds of names with law enforcement agencies for a thorough risk assessment, according to a statement published Friday.
  • Similar to previous inaugurations, screening officers will be deployed to assist the Secret Service by screening individuals along the parade route and those authorized to attend the Inauguration in-person.
  • But TSA Media Relations manager Robert Langston told Insider that while the agency has a traditional role in security related to presidential inaugurations, "this year may be different in that there is still a pandemic and a different threat environment."

  • Visit Insider's homepage for more stories.

The Transportation Security Administration has 'significantly increased' security at DC airports ahead of Inauguration Day, the agency announced in a statement Friday. 

Following the attacks at the Capitol building on Jan. 6, TSA is processing hundreds of names with law enforcement agencies for a thorough risk assessment.

"Our intelligence and vetting professionals are working diligently around the clock to ensure those who may pose a threat to our aviation sector undergo enhanced screening or are prevented from boarding an aircraft," the statement said.

Read more: Biden's inauguration is raising tens of millions of dollars but won't say how it's spending the money

As in previous inaugurations, TSA officers will be deployed to assist the Secret Service by screening individuals along the parade route and those authorized to attend the Inauguration in-person. Beyond the Inauguration grounds, TSA has implemented additional layers of security at all three Washington, DC-area airports, according to the TSA statement.

Those security layers include more law enforcement and explosives detection canine teams, random gate screening, increased number of Federal Air Marshals on certain flights, and additional Visible Intermodal Prevention and Response teams to provide greater security presence at certain rail transportation hubs.

While the US Secret Service has primary responsibility for the coordination of security planning and implementation, TSA will play a key role in supporting those efforts.

TSA Media Relations manager Robert Langston told Insider that the agency has a traditional role in security related to presidential inaugurations, but this year is different. 

"This year may be different in that there is still a pandemic and a different threat environment," Langston said. "TSA maintains a security posture that is based on a risk- and intelligence-based assessment and contains multiple layers of seen and unseen methods."

Federal officials are investigating people who took part in the riot at the U.S. Capitol to determine whether they should be barred from traveling on airlines.

A spokeperson for American Airlines told Insider they are working closely with local law enforcement and airport authority partners to "ensure the safety of our customers and team members on the ground and in the air."

Read the original article on Business Insider

Rep. Jamie Raskin says an 'assassination party' of insurrectionists hunted Pelosi and Pence during Capitol siege

Sun, 01/17/2021 - 2:47pm
House Impeachment Managers Rep. Jamie Raskin (D-MD) (R) and Rep. Madeleine Dean (D-PA) wear protective masks while walking to the House Floor during a vote on the impeachment of President Donald Trump at the U.S. Capitol on January 13, 2021 in Washington, DC.
  • Rep. Jamie Raskin on Sunday said US Capitol rioters were violently seeking House Speaker Nancy Pelosi and Vice President Mike Pence during the Capitol siege on January 6.
  • "They built a gallows outside the Capitol of the United States," Raskin said in an interview on CNN's State of the Union with Jake Tapper Sunday. "There was an assassination party hunting for Nancy Pelosi."
  • Raskin is the lead impeachment manager against President Donald Trump who on Wednesday faced a second impeachment for "incitement of insurrection."
  • Visit Business Insider's homepage for more stories.

Lead impeachment manager Rep. Jamie Raskin said the US Capitol riot was "an attack on our country" and recalled how pro-Trump rioters violently sought out Vice President Mike Pence and House Speaker Nancy Pelosi during the Capitol breach earlier this month.

In an interview on CNN's State of the Union Sunday, Raskin said he heard rioters calling and chanting to "hang Mike Pence" outside the building where lawmakers had gathered to certify the presidential election results. 

"They built a gallow outside the Capitol building of the United States," Raskin said. "There was an assassination party hunting for Nancy Pelosi."

The Jan. 6 breach forced lawmakers to immediately evacuate the building and seek safety as the pro-Trump supporters wandered throughout the building. More than 100 people were arrested for their involvement including Richard Barnett who took pictures at Pelosi's desk and Adam Christian Johnson who was seen holding Pelosi's lectern.

On Jan. 14, Trump was impeached by the Democratic-controlled House for "incitement of insurrection" of the Capitol riots, which resulted in the deaths of five people including a Capitol Police officer

When asked about the timeline for the articles of impeachment, Raskin responded, "I know that everybody wants to focus on trial tactics and strategy and so on. I want people to focus on the solemnity and gravity of these events. Five Americans are dead because a violent mob was encouraged, exhorted, and incited by the President of the United States of America."

Read more:

Trump becomes first president to be impeached twice as House charges him with inciting an insurrection

House Democrats call for accountability while Republicans call for unity and rail against 'cancel culture' in impeachment debate

Capitol goes into lockdown as Trump supporters breach barriers and clash with law enforcement while Congress debates election challenges

Read the original article on Business Insider

Rep. Jamie Raskin on Trump impeachment: 'I'm not going to lose my son' in 2020 and 'lose my country' in 2021

Sun, 01/17/2021 - 2:45pm
Rep. Jamie Raskin (D-Maryland).
  • Rep. Jamie Raskin of Maryland on Sunday said that he's "not going to lose my son at the end of 2020 and lose my country and my republic in 2021" as he reflected on the recent death of his 25-year-old son, Tommy, and his own role as the lead House manager in President Donald Trump's second impeachment trial.
  • On CNN's "State of the Union" with host Jake Tapper, Raskin said that the memory of his son drove him to accept House Speaker Nancy Pelosi's request to become an impeachment manager.
  • "I did it really with my son in my heart, and helping lead the way," Raskin said. "I feel him in my chest."
  • Raskin called the Jan. 6 Capitol riots "the most dangerous crime by a president ever committed against the United States."
  • Visit Business Insider's homepage for more stories.

Democratic Rep. Jamie Raskin of Maryland on Sunday said that he's "not going to lose my son at the end of 2020 and lose my country and my republic in 2021" as he reflected on the recent death of his 25-year-old son, Tommy, and his own role as the lead House manager in President Donald Trump's second impeachment trial.

During an appearance on CNN's "State of the Union" with host Jake Tapper, Raskin expressed how the memory of Tommy, a graduate of Amherst College and student at Harvard Law School who died on Dec. 31, drove him to accept House Speaker Nancy Pelosi's request to become an impeachment manager during such a personal tragedy.

"I did it really with my son in my heart, and helping lead the way," Raskin said. "I feel him in my chest."

On Jan. 14, Trump was impeached by the Democratic-controlled House of Representatives for "incitement of insurrection" of the Jan. 6 Capitol riots, making him the sole president in US history to be impeached twice.

Read More: Mitch McConnell is telling GOP senators their decision on a Trump impeachment trial conviction is a 'vote of conscience'

Raskin, who was present in Capitol during the attacks along with his youngest daughter and son-in-law, had to navigate what was the most significant breach of the building since 1814. Even during that harrowing attack, which resulted in five deaths, the spirit of his son guided him.

"When we went to count the Electoral College votes, and it came under that ludicrous attack, I felt my son with me," he said.

A touching Medium post written by Raskin and his wife, Sarah Bloom Raskin, highlights the trajectory of their son's far-too-short, but highly accomplished life. They spoke lovingly of his innate spirit.

"Tommy Raskin had a perfect heart, a perfect soul, a riotously outrageous and relentless sense of humor, and a dazzling radiant mind," they wrote. "He began to be tortured later in his 20s by a blindingly painful and merciless 'disease called depression,' a kind of relentless torture in the brain for him."

The congressman, who for years taught constitutional law at American University, brought up the dangers of the Jan. 6 riots and their effect on democracy.

"I'm not going to lose my son at the end of 2020 and lose my country and my republic in 2021," he said. "It's not going to happen."

He emphasized: "This was the most serious presidential crime in the history of the United States of America - the most dangerous crime by a president ever committed against the United States. There are Republicans who are recognizing it, as well as Democrats."

The House vote for Trump's second impeachment included support from ten GOP lawmakers, including Rep. Liz Cheney of Wyoming, the No. 3 Republican in the conference.

Raskin pledged that House Democrats will send the articles of impeachment to the Senate in a timely fashion, which will result in Trump facing a Senate trial.

"We don't have a minute to spare," he said. "He's a clear and present danger to the people."

He added: "We're putting together a trial plan, which is designed to get the truth of all of these events out. We are going to be able to tell the story of this attack on America and all of the events that led up to it."

Read the original article on Business Insider

GitHub reverses course, cites 'significant errors of judgment' in firing of Jewish employee

Sun, 01/17/2021 - 2:30pm
GitHub CEO Nat Friedman.
  • GitHub admitted on Sunday that it made "significant errors of judgement" when it fired an employee who suggested that "Nazis" were among the Capitol rioters. 
  • The company said its head of HR stepped down on Saturday, and that it is offering the employee his job back. 
  • "To the employee we wish to say publicly: we sincerely apologize," Erica Brescia, GitHub's COO, said in a statement. 
  • Visit Business Insider's homepage for more stories.

GitHub said Sunday that it should not have fired a Jewish employee and that it is offering him his job back after hundreds of his colleagues protested the decision. 

The Microsoft-owned company terminated the employee two days after he suggested in an internal chat room that "Nazis" were among the rioters who breached the US Capitol on January 6, Insider first reported

The employee told Insider that GitHub's HR department reprimanded him for a Slack message he wrote on the day of the insurrection: "stay safe homies, Nazis are about."

Read more: EXCLUSIVE: GitHub is facing employee backlash after the firing of a Jewish employee who suggested 'Nazis are about' on the day of the US Capitol siege

The firing sparked a backlash within GitHub, which saw employees circulate a letter Monday demanding that the company denounce white supremacy and answer questions about the worker's termination. GitHub CEO Nat Friedman said Monday that the company "will take any and all appropriate action following a thorough investigation," in an internal memo viewed by Insider. 

GitHub ended up hiring an outside firm to investigate the matter, it said in a blog post published Sunday. The investigation, which concluded on Friday, revealed "significant errors of judgement and procedure," GitHub COO Erica Brescia said in the blog post. Brescia said the tech company is offering the employee his job back. 

"In light of these findings, we immediately reversed the decision to separate with the employee and are in communication with his representative," Brescia said. "To the employee we wish to say publicly: we sincerely apologize."

Read more: How Silicon Valley banished Donald Trump in 48 hours

GitHub also announced that its head of HR has "taken personal accountability" and resigned on Saturday. 

The January 6 riot attracted a wide range of extremist groups who displayed a variety of hate symbols and imagery. One widely circulated photo of a group of rioters inside the US Capitol included a man wearing a shirt that read "Camp Auschwitz," in reference to the Nazi concentration camp where more than 1 million people were killed. 

In Sunday's blog post, GitHub reiterated some statements it had previously issued condemning the violence at the Capitol. 

"It was appalling last week to watch a violent mob, including Nazis and white supremacists, attack the US Capitol. That these hateful ideologies were able to reach the sacred seat of our democratic republic in 2021 is sickening," the company said. 

It also repeated a statement on the company's internal-messaging policies that appears to be at odds with the employee's firing last week. "Employees are free to express concerns about Nazis, antisemitism, white supremacy or any other form of discrimination or harassment in internal discussions," GitHub said. 

Read the original article on Business Insider

Russian opposition leader Alexei Navalny detained upon returning home following poisoning

Sun, 01/17/2021 - 1:49pm
Alexei Navalny gives an speech during a demonstration for the release of the arrested activists during the summer riots in Moscow, on September 29, 2019.
  • Alexei Navalny, the Russian opposition leader and critic of Russian President Vladimir Putin, has been detained after flying back to Russia on Sunday.
  • The longtime critic of Russian President Vladimir Putin's regime nearly died after being poisoned in late August and spent the last five months recovering from the assassination attempt in Germany.
  • Visit Business Insider's homepage for more stories.

Police detained prominent Kremlin critic Alexei Navalny on arrival at a Moscow airport on Sunday after he flew home to Russia from Germany for the first time since he was poisoned last summer.

It was the first time Navalny has been back home since he was poisoned last summer. His plane was diverted to another Moscow airport at the last minute in an apparent effort by authorities to thwart journalists and supporters greeting him.

His plane had been meant to arrive at Moscow's Vnukovo Airport, but landed at Moscow's Sheremetyevo airport instead. The flight was operated by Russian airline Pobeda, owned by state-controlled Aeroflot.

Navalny, one of President Vladimir Putin's most prominent domestic critics, was flown to Berlin in August last year for emergency medical treatment after being poisoned with what German tests showed was a Novichok nerve agent.

"This is the best moment in the last five months," he told reporters after he boarded the plane in the German capital bound for Moscow. "I feel great. Finally, I'm returning to my home town."

He announced his decision to return from Germany on Wednesday, and a day later Moscow's prison service said it would do everything to arrest him once he returned, accusing him of flouting the terms of a suspended prison sentence for embezzlement, a 2014 case he says was trumped up.

Read more: Russian state media called for Trump to get asylum in Russia when he leaves office 

The 44-year-old, who boarded the plane at the last minute from a car sitting on the tarmac, hence avoiding other passengers, made light of the risk of returning home.

He said he didn't think he would be arrested, calling himself an innocent person.

"What do I need to be afraid of? What bad thing can happen to me in Russia?" he added. "I feel like a citizen of Russia who has every right to return," he added.

Read more: Fears mount over Russia's withdrawl from the Open Skies treaty 

He was accompanied by his wife Yulia, his spokeswoman, and his lawyer.

Navalny, who is hoping for success in parliamentary elections in September, faces potential trouble in three other criminal cases too, all of which he says are politically motivated.

A conundrum for the Kremlin

His return poses a conundrum for the Kremlin: jail him and risk protests and punitive Western action by turning him into a political martyr. Or do nothing and risk looking weak in the eyes of Kremlin hardliners.

The opposition politician, who says he has nearly fully recovered, says Putin was behind his poisoning. The Kremlin denies involvement, says it has seen no evidence that he was poisoned, and that he is free to return to Russia.

Navalny says the Kremlin is afraid of him. The Kremlin, which only refers to him as the "Berlin patient," laughs that off. Putin allies point to opinion polls that show the Russian leader is far more popular than Navalny, whom they call a blogger rather than a politician.

Before news the plane was being diverted to another airport, some of his supporters gathered at Moscow's Vnukovo airport despite bitterly cold minus 20 Celsius weather and over 4,500 new coronavirus cases a day in the Russian capital.

Riot police made several detentions at the airport and cleared a crowd of people waiting for Navalny to land, Reuters reporters saw.

There was a heavy police presence at the airport with dozens of police trucks.

Before Sunday, at least 2,000 people used a Facebook page to say they planned to be there, with another 6,000 expressing an interest.

The Moscow prosecutor's office, which says it has officially warned 15 pro-Navalny organisers, had said the event was illegal because it was not sanctioned by the authorities.

(Reporting by Polina Ivanova, Maria Tsvetkova, Andrew Osborn, Maria Vasilyeva, Anton Zverev, Gleb Stolyarov and Tom Balmforth; Writing by Andrew Osborn; Editing by Frances Kerry and Pravin Char)

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A Poshmark seller nabbed over $12,000 by buying stock in the company's successful IPO. Here's how she did it.

Sun, 01/17/2021 - 1:30pm
Tiffany Wood, Poshmark seller
  • Poshmark seller Tiffany Wood now has a $12,000 nest egg because she bought stock in the company's initial public offering.
  • Poshmark reserved 330,000 shares in the IPO for super users, according to the S1 filing.
  • In a leaked email to Insider, Wood shared details of how Poshmark allowed her to buy into the IPO. 
  • Visit Business Insider's homepage for more stories.

Tiffany Wood, 30, has been a Poshmark seller since December, 2015, spending an average of about 30 minutes a day on the site.

Thanks to Thursday's spectacular IPO, Wood and her husband are among the Poshmark users making money from the stock, too.

Wood told Insider she purchased 149 shares at $42 a share, the initial share price. Poshmark opened at $96.50 Thursday, meaning her stock was up an exciting $14,378 on the first day. She didn't sell immediately and by market's close on Friday, shares were trading at $83.20. Her stake is still worth $12,397 with a healthy profit of $6,139. And she's thrilled.

Poshmark set 150 as the maximum amount of shares available to top users. 

In a leaked email to Insider, Wood shared details of how Poshmark allowed her to buy into the IPO. 

"Poshmark is setting aside a percentage of shares in the IPO for a Directed Share Program ("DSP"). The DSP allows Poshmark to invite eligible POSH Ambassadors and certain 'friends and family' to participate in the IPO and buy Poshmark shares at the IPO price, subject to minimum and maximum share purchase amounts," according to a screenshot of the email seen by Insider.

The email also instructed participants to open a Fidelity investment account to administer the stock sell. 

Poshmark defines ambassadors as users who make at least 15 sales, have at least 50 available listings in their closet, and have an average rating of at least 4.5 stars. In total, Poshmark reserved 330,000 class A shares in the IPO for these super users at the initial public offering price, according to the S1 filing. To qualify, users also have to reside in the United States, and have made at least one sale on the platform between January 1, 2020 and December 2, 2020.

About 4,000 Poshmark users were able to participate and become shareholders, according to a Bloomberg News report. A Poshmark spokesperson said she was unable to confirm that number, and could not share additional details about the program.

Read more: Poshmark's three earliest investors just made billions from its spectacular IPO. They explain how CEO Manish Chandra convinced them to invest.

Besides selling on Poshmark, Wood is also a special ed teacher in Brooklyn, New York. She told Insider that when she sells, she plans to use some of the IPO money to buy material for her classroom and items for her baby. "If there's some money left, I also really need a new laptop," she told Insider. 

Poshmark is not the first tech company to offer users to buy shares in the IPO. In December, Airbnb also set aside up to 3.5 million non-voting shares for hosts, making up about 7% of the total offering.

"I'm so proud that there'll be thousands of community shareholders as we become a public company,"  Poshmark CEO Manish Chandra told Insider

Now read: INTERVIEW: Poshmark's CEO Manish Chandra dishes on working with Serena Williams, avoiding jail by partnering with the USPS, and splurging on Balenciaga sneakers.

Read the original article on Business Insider

Trump administration staffers are getting snubbed while hunting for jobs

Sun, 01/17/2021 - 1:13pm

Hello everyone! Welcome to this weekly roundup of stories from Insider from Business co-Editor in Chief Matt Turner. Subscribe here to get this newsletter in your inbox every Sunday.

Read on for more on Trump administration staffers getting snubbed while hunting for jobs, Cathie Wood's predictions for 2021, and tension at The New York Times.

Read time: 5 minutes. 

President Donald Trump

Hello!

The US developed coronavirus vaccines in record time last year.

But as Hillary Brueck reported this weekend, the process of getting those shots into people's arms is going horrendously slow - just as more Americans are dying from the virus than ever before. As she reported:

There are promising signs that this vaccine drive is going to accelerate soon. But the delay has already caused thousands of deaths, and it will be a challenge to come back from.

Read the full story here:

Trump administration staffers are getting snubbed

From Claire Atkinson and Sean Czarnecki:

Former White House staff can usually walk into top jobs after years of dealing with some of the toughest crises in government. 

But as businesses begin to shun Trump enterprises, the group leaving 1600 Pennsylvania Ave. is already getting the cold shoulder.

One public-relations recruiter told Insider they had received inquiries from at least 15 people from the White House looking for jobs. The recruiter took on six people as clients, but none were able to even secure an interview with corporations they had applied to.

"It's just very hard," the recruiter said. "You're supposed to put anyone in front of a job that has the credentials.  Morally, it's hard for people to want to work with them." 

Read the full story here:

Also read:

Cathie Wood's predictions  Cathie Wood is the CEO and chief investment officer of ARK Invest.

From Vicky Ge Huang:

By all accounts, Cathie Wood's ARK Invest had a blockbuster year. 

The innovation-focused asset manager's $21.5 billion Ark Innovation ETF (ARKK), $6 billion ARK Next Generation Internet ETF (ARKW), and $9.4 billion ARK Genomic Revolution ETF (ARKG) returned 153%, 157%, and 181%, respectively while all beating 99% of their category peers, according to Morningstar data. 

Those incredible gains have helped ARK rake in over $20 billion in less than four months, bringing the firm's total assets under management to $50 billion in mid-December from $28.4 billion in early September. 

To be sure, ARK's shot to fame made such a splash last year that some investors are skeptical about whether the firm can continue its impressive streak. 

However, Wood appeared unperturbed in a Tuesday markets update webinar. 

"The V-shaped recovery that we've been talking about for quite some time might have experienced a little bit of a wobble in some of the statistics coming out these days," she said, referring to the surprise payroll decline in December. "But it was all leisure, hospitality, and more small business-oriented."

While the V-shaped recovery may be somewhat subdued, Wood sees "explosive earnings" ahead, propelled in part by potential bipartisan action on infrastructurehealthcare, and clean energy

Read the full story here:

Also read:

Tension at The New York Times NYT executive editor Dean Baquet

From Steven Perlberg:

The unraveling of The New York Times' "Caliphate" podcast has been a major black eye for the paper's prestigious and lucrative audio unit, unleashing a wider reckoning within the paper.

Several Times staffers told Insider there was a growing feeling inside the broader newsroom that the institution mishandled the fallout and had not held enough people accountable.

Meanwhile, The Times' in-house standards team is cracking down on practices like the use of anonymous sources. "They are clamping down on everything and making everyone's life hard," one Times reporter said.

The incident, in which The Times was duped by the source who underpinned the narrative in the "Caliphate" story, marked an enormous embarrassment for an audio division that has become the envy of the media industry thanks to "The Daily," the paper's flagship podcast hosted by Michael Barbaro.

Read the full story here:

Also read:

ICYMI: GitHub facing employee backlash

From Rosalie Chan:

Microsoft-owned GitHub is facing employee backlash after a Jewish employee was terminated. The employee was fired two days after suggesting in an internal chat room there were "Nazis" among the US Capitol rioters.

Employees circulated an internal letter with about 200 signatures on Monday asking the company to denounce white supremacy and Nazis and demanding answers about the termination.

Read the full story here:

INVITE: How to invest in real estate in 2021

We're mapping the road ahead for real estate in 2021, including which towns, cities, and states to watch, how to navigate high home prices and low mortgage rates, and why Americans' housing preferences are shifting as a result of the pandemic.

On January 20 at 1 PM ET, Libertina Brandt will moderate a panel on how to invest in real estate in the coming year, featuring R. Donahue Peebles, founder, chairman and CEO of the Peebles Corporation, and Daryl Fairweather, Redfin's chief economist.

Sign up here.

Also read:

Here are some headlines from the past two weeks that you might have missed.

- Matt

5 big revelations in SoFi's plans to go public, including how the fintech is thinking about the future of student debt and the importance of a bank charter

Here are the 26 hottest cannabis startups that are set to take off in 2021, according to top investors

Leaked slides from a recent Instagram presentation reveal the advice it's giving to creators on what to post

Morgan Stanley just promoted 171 people to managing director. Here's a breakdown of the latest class.

Meet the top executives leading advertising giant Publicis' turnaround as it takes on rivals WPP and Omnicom

Here's the pitch deck finance startup Clark used to persuade Chinese tech giant Tencent to lead its $85 million round

Walmart is working on a stealth health-tech venture that could change how you shop

Robinhood has beefed up its legal firepower with these 11 lawyers as it eyes a blockbuster IPO, including SEC veterans and a Goldman Sachs in-house counsel

Read the original article on Business Insider

Apple CEO Tim Cook says Parler could return to the App Store 'if they get their moderation together'

Sun, 01/17/2021 - 12:55pm
Apple boss Tim Cook said Parler still has a chance to return to the App Store.
  • Apple may add Parler back to its App Store if the app steps up its moderation efforts, Apple CEO Tim Cook said on Fox News Sunday.
  • Apple removed Parler from its platform in the wake of the deadly Capitol siege after it found the network did not adequately police content that promotes violence. 
  • Google and Amazon also both removed Parler from their platforms. 
  • Visit Business Insider's homepage for more stories.

Conservative-leaning social media app Parler could return to the Apple App Store if it steps up its moderation, Apple CEO Tim Cook said in an interview on Fox News Sunday. 

Apple booted the app from its platform following the January 6 Capitol siege, saying at the time that the service failed to remove content that promotes violence. Google also removed the app from its store, while Amazon dropped it from its Web Services hosting platform.

The service has grown in popularity among supporters of President Donald Trump and members of the far right due to its lack of moderation. But the app will need to make some changes if it intends to see the light of day on Apple's App Store, Cook told host Chris Wallace in an interview that aired Sunday. 

"We've only suspended them," Cook said. "And so if they get their moderation together, they would be back on there."

Cook said that Apple does not see promoting violence as a form of free speech, and that the millions of apps on the company's app store need to abide by the terms of service Apple lays out. 

"We looked at the incitement to violence that was on [Parler]. And we don't consider that free speech and incitement to violence has an intersection," Cook said. "We have rules and regulations, and we just ask that people abide by those."

Parler has called its de-platforming a "coordinated attack" by the tech giants.

Read more: Apple reportedly ditching its most controversial feature in the next version of the MacBook Pro shows the company's finally listening to its customers

Big Tech has come down hard on President Trump and his supporters since rioters stormed the US Capitol on January 6 in an insurrection that left five people dead. Nearly every major social media platform banned or suspended the president, and Twitter purged thousands of accounts associated with the QAnon conspiracy theory

"It was one of the saddest moments of my life. Seeing an attack on our capitol, an attack on our democracy," Cook said of the insurrection. "I felt like I was in some sort of alternate reality, to be honest with you. This could not be happening."

Cook appeared on Fox News Sunday to discuss Apple's $100 million Racial Equity and Justice Initiative, a set of projects that the CEO said aims to provide opportunity to communities of color. He said last year's police killing of George Floyd, an unarmed Black man, brought an urgency to the program. 

"We are thrilled to be able to do our part here, and we hope that more people will follow," Cook said. "I think it can be extremely transformative. I think it can make a big difference in peoples' lives, and that's why we're so excited about it."

The pledge dedicates $25 million toward launching the Propel Center, a learning hub to be constructed in Atlanta for students at historically Black colleges and universities. The tech giant also plans to open an Apple Developer Academy in downtown Detroit that will educate 1,000 students each year across coding, design, marketing, and professional skills. 

Read the original article on Business Insider

The Trump ban across social media wasn't censorship - it was a series of editorial decisions by media companies that call themselves social platforms

Sun, 01/17/2021 - 12:46pm
Twitter CEO Jack Dorsey.
  • Becca Lewis is a PhD candidate in communication at Stanford University who researches online social movements and extremist groups.
  • She says decrying Trump's bans on social media as censorship distracts from the real issue: that companies like Facebook and Twitter are really simply media companies who use editorial intervention and oversight.
  • We've begun to see platforms make decisions that implicitly, if not explicitly, acknowledge this, she writes.
  • Visit Business Insider's homepage for more stories.

In the wake of Trump's permanent ban from Twitter and indefinite ban from Facebook, right-wing public figures cried censorship. Media personalities and politicians alike claimed the situation was Orwellian, akin to the events of "1984"; on right-wing cable news networks, show hosts wryly welcomed their viewers to "Communist China."

Author Becca Lewis.

As an academic who researches social media platforms and the extremist groups that thrive on them, I agree that the Trump bans raise important questions about the role of Facebook and Twitter in shaping political discourse and information online.

But framing this as an issue of censorship distracts from the real issue.

What we actually observed last week was the platforms making a decision.

Donald Trump's voice has not been silenced: Until the inauguration, he still has an entire press corps devoted to covering his positions via his press secretary. Even after he leaves office, he will have access to a thriving right-wing media ecosystem that can amplify his ideas and opinions.

What Facebook and Twitter have done is simply decide that he will not have a direct line through their platform to broadcast his ideas to millions of people at a time.

Read more: Trump wanted to dramatically change the way Big Tech ran their platforms. His attempt to overturn the election may have done just that.

We're used to this kind of editorial decision when it comes from television or print news.

These outlets make choices every day about what to cover, who to interview, who to publish in their op-ed sections, and who to invite as talking heads. They even decide when to air video messages from the president and how to contextualize them. 

If this decision-making seems strange to us in the context of social media, it's partly because platforms have spent the last 10-plus years telling us that they aren't media companies - that, in fact, they're revolutionizing public discourse, removing media gatekeepers, and democratizing the spread of information.

In 2012, Twitter executive Tony Wang famously called the platform the "free speech wing of the free speech party." Mark Zuckerberg has consistently claimed that Facebook is not an "arbiter of truth." As internet scholar Tarleton Gillespie has pointed out, even using the term "platform" was a strategic decision - the word is flexible enough that it evokes both the vaguely progressive ideal of giving everyone a voice while also suggesting it is merely a "neutral" technological architecture.

In reality, social media companies have always been media companies - or at least as long as they have been monetizing content through advertising.

As internet policy scholars Robyn Caplan and Phil Napoli write, "Being in the business of providing content to audiences, while selling those audiences to advertisers is a defining characteristic of the media sector."

Caplan and Napoli likewise point out that, while these companies claim they are neutral arbiters who make no editorial interventions, the algorithms they build make these interventions all the time. They surface, recommend, and suppress content, and in the process, they shape what information we see and engage with.

As social media companies have gotten more involved as intermediaries in news and political coverage, the difference between how they present themselves and how they actually function has been reaching a breaking point. 

This's why, in the past few years, we have begun to see platforms make decisions that implicitly, if not explicitly, acknowledge their roles as media companies.

If they acknowledge it too openly, that would put them at risk of increased regulation and oversight, and it could potentially put them on the hook for more costly and robust moderation decisions. It would also force them to develop a more rigorous and consistent approach to the difficult decisions about which voices deserve to be amplified.

Read more: Author of book on how Trump's Twitter presidency ushered in white rage says social media companies must be held accountable for not taking action sooner

At the same time, the platforms are learning that it's not good for their brand reputations to incite genocide or become the mouthpiece for powerful leaders with authoritarian tendencies.

Even Pornhub, the adult entertainment giant built on the premise that anyone can upload amateur videos, officially announced at the end of 2020 that they are now removing all videos not uploaded by official content partners.

None of this is to say that there aren't important consequences around political speech and information, or that the removal of Donal Trump is not something we should take seriously. To the contrary, it shows just what powerful media forces Facebook, Twitter, and others have become in our contemporary political world. Neither am I claiming that these companies are the same kind of media companies as TV news networks or print newspapers.

They come with a host of their own challenges and concerns that don't apply to older forms of media and that have important consequences. And on the flip side, they also lack certain civic ideals that have become entwined with traditional media companies - for example, there's no public broadcasting equivalent in the world of social platforms. 

But these are precisely the problems we need to work through in the coming years. We now know that a lot of what we were told about platforms early on wasn't ultimately true: They haven't revolutionized speech, spread democracy throughout the world, or given everyone a neutral platform from which to speak.

By making claims of censorship, we partially reinforce the expectation that platforms play these roles that they don't. Instead, we need to acknowledge their role as editorializers so we can hold them accountable for what they actually do. 

Becca Lewis is a PhD candidate in communication at Stanford University and a graduate affiliate at the University of North Carolina Center for Information, Technology, and Public Life. She researches online social movements and their uses of digital media technologies.

Read the original article on Business Insider

Every single passenger on board 2 international flights to Canada informed that they were potentially exposed to COVID-19

Sun, 01/17/2021 - 12:31pm
An Air Transat plane in Canada.
  • All passengers on board two Air Transat flights from Haiti to Montreal have potentially been exposed to COVID-19, the Toronto Sun reported.
  • Passengers seated in "all rows" have been notified by the Canadian government's exposure tracking system that they need to monitor their symptoms.
  • The Canadian government announced on January 7 that a negative coronavirus test is required to fly. Haiti, where these passengers were traveling from, is one of the two territories exempt from this rule.
  • More than 70 other international flights to Canada have carried people infected with the coronavirus, according to the Toronto Sun.
  • Visit Business Insider's homepage for more stories.

Two Air Transat flights had so many people on board infected with COVID-19 that all the passengers are now deemed to be at risk of catching the virus, the Toronto Sun reported.

Flights TS663 AND TS665 - both taking passengers from Haiti to Montreal - were identified by Health Canada as flights with several confirmed coronavirus cases, the paper said.

Now, passengers seated in "all rows" have been notified that they have potentially been exposed to the virus.

The Canadian government's tracking system is used to notify passengers who have been potentially exposed to the virus. Usually, specific rows are identified and those seated there are advised to take the necessary precautions.

On this occasion, however, passengers from "all rows" - the entirety of two planes - have been advised to self-monitor their symptoms for 14 days and to self-isolate immediately if symptoms develop.

The number of people warned about the COVID-19 infection is not known. The Air Transat was flying wide-body Airbus A330s on the Haiti-Montreal route, with a capacity of up to 375 passengers, according to the Toronto Sun.

Read more: Virgin Galactic just revealed a new supersonic passenger jet planned with Rolls-Royce, which used to make Concorde jet engines.

According to the government guidelines, passengers are also advised to immediately contact public health authorities if they become unwell.

The news of these potential exposures follows a January 7 announcement by the Canadian government that requires all those boarding flights to Canada to provide proof of a negative coronavirus test.

Haiti, however, is an exception to the rule. Due to limited testing capacity, passengers flying to Canada from Haiti are not required to provide a negative result.

Since the negative test requirement was introduced, over 70 international flights that have landed in Canada have carried passengers infected with COVID-19, according to the Toronto Sun.

Yesterday, Canadian Prime Minister Justin Trudeau told reporters that he hasn't ruled out introducing an international travel ban.

The tougher restrictions would be a response to Canada's recent surge in daily cases.

Cases per day in Canada.

January has been the worst month on record for new COVID-19 cases in the country, according to Worldometer.

On Saturday, Worldometer data shows that Canada recorded 6,816 new cases.

Read the original article on Business Insider

Trump's habit of tearing up papers could leave a 'hole' in history as White House records may never be complete, worried experts say

Sun, 01/17/2021 - 12:17pm
President Donald Trump holds piece of paper saying its his deal with Mexico as he speaks with reporters at the White House, in Washington, DC, on June 11, 2019.
  • Several historians are voicing concern about collecting Trump's White House records because of the administration's bad track record of preserving documents.
  • The president is also known to have a tendency of ripping up documents before throwing them away, previously forcing aides to spend hours taping documents back together.
  • The transfer of documents to the National Archives and Records — which by law has to be completed on January 20 — has already been delayed because of Trump's long-lasting refusal to concede.
  • Visit Business Insider's homepage for more stories.

Historians are growing increasingly concerned about collecting Trump's White House records because of the administration's inconsistency with preserving documents and the president's long-standing habit of ripping up papers, the Associated Press (AP) reported Saturday.

With three days left in office, Trump is expected to handover documents from his administration as is customary for any departing president.

However, according to several reports, this process will be made painstakingly more difficult as Trump's White House has had a notoriously bad record of preserving documents.

Richard Immerman at the Society for Historians of American Foreign Relations told AP that "not only has record-keeping not been a priority, but we have multiple examples of it seeking to conceal or destroy that record."

Read more: Mitch McConnell is telling GOP senators their decision on a Trump impeachment trial conviction is a 'vote of conscience'

The president himself is also known for ripping up documents before throwing them in the trash or on the floor - a habit first reported on by Politico in 2018.

Trump's excessive paper-ripping has forced aides to spend hours taping documents back together before sending them to the National Archives to be properly filed away.

White House records workers and historians now fear they will have to do the same, with one person telling news website Fortune that they are "petrified" by the task they are facing. 

"The inattention of this administration to legal requirements [about preserving records] is unprecedented. I'm pessimistic we'll get many documents," said Richard Immerman, a Temple University professor and author of several presidential biographies, according to Fortune.

On top of this, the transfer of documents to the National Archives and Records - which by law has to be completed on January 20 - has already been delayed.

This is because, following the 2020 election, Trump refused to concede for many weeks, which prevented records staffers from transferring electronic and paper records to the National Archives in time.

Boxes are stacked on West Executive Avenue before being loaded onto a truck at the White House on January 14.

Under the Presidential Records Act, the White House's residing administration must preserve all memos, letters, emails, and papers that the president touches.

The law states that a president himself cannot destroy these records until he seeks the national archivist's advice and notifies Congress.

Last month, multiple historian groups sued the White House over fears that the Trump Administration will improperly maintain records.

"I believe we will find that there's going to be a huge hole in the historical record of this president because I think there's probably been serious noncompliance of the Presidential Records Act," said Anne Weismann, one of the lawyers representing the groups, according to AP.

"I don't think President Trump cares about his record and what it says. I think he probably cares, though, about what it might say about his criminal culpability," Weismann added.

The Biden administration will be able to request to see Trump's records. However, the public must wait five years before they are able to access them through freedom of information requests. 

Collecting a president's trail of paper and electronic records is important because it can help the new president to create new policies and prevent mistakes from being repeated. 

"Presidential records tell our nation's story from a unique perspective and are essential to an incoming administration in making informed decisions," Lee White, director of the National Coalition for History, told AP. "They are equally vital to historians."

When Former President Barack Obama left the White House, he left about 30 million pages of paper documents and some 250 terabytes of electronic records, including the equivalent of about 1.5 billion pages of emails, AP reported.

Read the original article on Business Insider

First-term GOP Rep. Peter Meijer says he 'may very well have' ended his political career by voting to impeach Trump

Sun, 01/17/2021 - 12:10pm
Rep. Peter Meijer (R-Michigan).
  • GOP Rep. Peter Meijer of Michigan said on Sunday that he might have ended his political future by voting to impeach President Donald Trump.
  • During an appearance on ABC's "This Week," host George Stephanopoulos asked Meijer if he potentially damaged his career beyond repair in joining nine of his Republican colleagues in voting to remove Trump from office.
  • "I may very well have," Meijer said. "But I think it's also important that we have elected leaders who are not thinking solely about what's in their individual self-interest, not what is going to be politically expedient, but what we actually need for the country."
  • Visit Business Insider's homepage for more stories.

GOP Rep. Peter Meijer of Michigan, who has been in office for less than a month, said on Sunday that he might have ended his political future by voting to impeach President Donald Trump.

During an appearance on ABC's "This Week," host George Stephanopoulos asked Meijer if he potentially damaged his career beyond repair in joining nine of his Republican colleagues in voting to remove a president from his own party from office.

"I may very well have," Meijer said. "But I think it's also important that we have elected leaders who are not thinking solely about what's in their individual self-interest, not what is going to be politically expedient, but what we actually need for the country."

Read More: Mitch McConnell is telling GOP senators their decision on a Trump impeachment trial conviction is a 'vote of conscience'

He added: "Impeaching a president was nothing that we ever hoped to do. Many of us deliberated deeply. This was not as easy as just saying what is in our best political interest, but, frankly, looking at the evidence, looking at the facts of the case, reading the article and asking, is this true by our own experience, by our lived experience? And it was."

—This Week (@ThisWeekABC) January 17, 2021

 

On Jan. 14, Trump was impeached by the Democratic-controlled House of Representatives for "incitement of insurrection" of the Jan. 6 Capitol riots, making him the sole president in US history to be impeached twice.

Meijer, who revealed last week that he and other colleagues purchased body armor due to death threats over the impeachment vote, said the Capitol riots went against Trump's legislative achievements.

"I think it's time that we acknowledge that what happened on January 6 was a betrayal of what had been accomplished over the past four years, that it was a culmination of a politics that at all too often fanned flames, rather than focusing on building and governing," said Meijer.

When asked if the GOP should look past Trump, Meijer contended that the president brought "change" to Washington DC, but that he was unable to control his impulses.

"You know, the president brought some necessary energy," Meijer said. "He brought some necessary ideas. He shook the tree. He was a change agent. The challenge was that he didn't know when to stop, and he didn't draw the line."

He added: "To me, political violence is the line that we must draw."

Read the original article on Business Insider

After Trump's Twitter ban, critics want other populists like Brazil's Jair Bolsonaro and India's Narendra Modi booted from social media

Sun, 01/17/2021 - 11:41am
President Donald Trump and Indian prime minister Narendra Modi.

President Trump's social media ban has opened a can of worms for tech firms who face calls from activists and academics to clamp down on other populist leaders such as Brazil's Jair Bolsonaro and India's Narendra Modi.

Trump was suspended from Facebook on January 7, a day after supporters of the president sieged the US Capitol. He was subsequently booted off Twitter - his primary channel for broadcasting messages to an audience of millions - and YouTube.

Now that tech firms have shown themselves willing to clamp down on political leaders in extreme circumstances, critics and rivals wonder how long Bolsonaro and Modi can remain exempt, The Observer first reported.

Bolsonaro has been widely compared to Trump for his populist views. Like Trump, the Brazilian president has consistently downplayed the coronavirus pandemic, with Twitter and Facebook in March removing some of his videos for spreading misinformation.

Brazil's President Jair Bolsonaro.

The Observer noted that Bolsonaro, like Trump, has questioned his country's electoral system. He also joined a pro-dictatorship rally, sister newspaper The Guardian reported. Bolsonaro was also helped to his position by social media. According to The New York Times, he was already popular as a right-wing YouTuber while still a lawmaker.

Left-leaning Brazilian politician Marcelo Freixo tweeted on January 9: "And Twitter put a muzzle on Trump. We will need another one for Brazil @Twitter."

—Marcelo Freixo (@MarceloFreixo) January 9, 2021

In India, Prime Minister Narendra Modi is not as openly inflammatory on social media.

However, politicians from the ruling BJP Party have been accused of hate speech on Facebook.

Shashi Tharoor, a politician with the rival Congress party, tweeted on January 9: "For those crying foul on a @Twitter suspension: curbing the freedom of expression of those who incite violence & other anti-democratic behaviour is needed here too.

"Those who try to curb the rights & liberties of people they're elected to lead shouldn't be given an enabling platform."

The Observer also quoted an academic, the University of Arkansas School of Law's Khaled A Beydoun, who said booting Modi from Twitter would be the "logical next move."

Not all moderate politicians are so gung-ho. Several European figures, including German chancellor Angela Merkel, suggested tech firms should not be regulating political leaders.

A spokesman for Merkel's government said this week, per Politico: "The fundamental right [of freedom of expression] can be interfered with, but along the lines of the law and within the framework defined by the lawmakers.

"Not according to the decision of the management of social media platforms."

Read the original article on Business Insider

We're freelancers who relocated to a tiny town in Maine during the pandemic. Here's how we earned over $150,000 in 2020 while raising our toddler and enjoying local adventures.

Sun, 01/17/2021 - 11:27am
Kearl and her family at Beth's Farm Market in Warren, Maine.
  • In 2019, Mary Kearl and her family traveled to 12 countries while working remotely. As COVID-19 spread, they decided to move from Los Angeles to Maine to shelter in place.
  • While following social distancing regulations, Kearl and her family found safe ways to adventure locally while she and her husband kept their freelance businesses afloat.
  • Kearl says the time she's able to dedicate to family by being a freelancer has proved invaluable during the ongoing pandemic.
  • Visit Business Insider's homepage for more stories.

In 2019, after saving up for several years and setting aside $36,000 for our world travels, my husband, toddler, and I managed to visit 12 countries together, all while working remotely

Due to the COVID-19 pandemic, we're no longer traveling globally and our daily routine looks a lot different. Still, the lessons we learned from running our own businesses as freelancers, caring for a young child, and exploring the world have stuck with us, so we've found new ways to make the most of our surroundings

We moved to Maine in summer 2020 to help my parents with their expenses after my dad lost his job at the start of the pandemic, get extra help with childcare, and have a safe place to isolate and work remotely.

The area we live in is relatively new to us and even while wearing masks and social distancing, we've enjoyed discovering the new place we call home.

Most weekday mornings we head outdoors as a family of three on local adventures - taking in hikes, picnics on the beach, riding the local ski lift, visiting state and national parks, discovering new lighthouses, and going blueberry and apple picking.

Kearl and her family at Beth's Farm Market in Warren, Maine.

Here's how we manage to grow our freelance careers and have time to enjoy nearby excursions together safely during the pandemic.

Read more: My husband and I left our full-time jobs to travel the world for 6 months - and only spent $288 from our savings. Here's how we found remote work.

We used to work a combined 100 hours a week. Now my husband and I work about 40 hours a week total and earn about the same income.

When I gave birth to our child, my husband and I were both working full time for two LA startups. Between commuting and working in our roles in marketing (mine) and operations (his), we were logging about 100 hours a week, often on opposite schedules that left little time to see each other, let alone enjoy time together with our newborn. 

For over a dozen years, I'd freelanced in writing, social media, and marketing in addition to working full time. However, it wasn't until 2019 when our little one was a year old that I thought about going solo and exclusively working for myself.

Despite earning over $150,000 annually as a family, we knew that  rent and childcare costs could easily add up to $45,000 a year if we stayed in Los Angeles, where the median cost of a just a one-bedroom apartment totalled $2,131 per month. 

I had a hypothesis: If we could become remote freelancers, we could potentially live somewhere more affordable and, even if we made less annually, we could more easily break even or possibly net out ahead.

In 2020, as we wrapped up our second year of both freelancing part time, my hope  became a reality. We'd managed to earn our old combined income of over $150,000 annually while both only working about 40 hours a week - about 25 hours a week for me and 15 for my husband. We'd also saved on rent and childcare expenses. 

These days I work with about six or seven "anchor" clients, who have a need for freelancer support on either a monthly or bi-monthly basis. My husband has several anchor clients as well. This means we spend nearly 100% of our working time doing paid work, rather than logging inviolable hours looking for more opportunities. 

Read more: I made 6 figures in 2020 while only freelancing part time. Here's how I'm able to set high rates and work less hours.

We plan everything around meals and sleep schedules. Kearl and her family in Camden Hills State Park.

Many people ask us how we managed to travel with a baby (now toddler) and  get work done at the same time. The answer is through careful planning. 

As a freelancer, I avoid the kind of work that involves too many meetings, projects with short same-day turnaround times, or the expectation to be "always on" email or Slack - duties that would keep me tied to a desk (or, in my case, a couch) and wouldn't allow the flexibility to get out and about on my family's schedule. Independent, project-based work on the other hand, allows me to work at nights, during my kid's naps, and over the weekends.

As a result, we generally have the mornings off, and enjoy breakfast, lunch, and pre-nap story time all together. My husband and I work while our little one naps, and, if we have additional projects to work on, my parents, who we're living with, often help with childcare before dinner. Otherwise, either I or my husband will take over and let the other one finish up an assignment as needed.

Kearl and her family on a chair lift at the Camden Snow Bowl.

After that, we all have dinner together and enjoy another evening activity before bedtime. If either of us has deadlines to meet, we'll pick things back up for a couple of hours at night. We stick to this schedule on weekends, too, when we have busier weeks.

For  standing weekly video calls with some of my regular clients, I tend to schedule these outside of naptime, so I don't disturb my sleeping coworker, and outside of our morning outing hours, so we have the time off for our adventures.

With an almost 3-year-old, we've started the process of potty training, but that's been impacted by the pandemic as well. Open public bathrooms are a lot harder to come by, so we still use diapers on our longer morning excursions or full day trips.

Read more: I'm a freelancer who's brought in 5 figures a month in income since the start of the pandemic even after losing half my clients. Here's how I've found additional work and kept business up.

We travel like locals. Kearl and her family in Birch Point Beach State Park.

I used to be the kind of person that liked to pack as many activities and destinations into one trip as possible. After traveling six months straight in 2019, however, I realized not only is that unsustainable, it's also not the best way to really get to know a place. We found we were able to learn more   about our new environment by taking part in routine daily activities, like going shopping at a local market, having a picnic, going to the playground, visiting the local library, and simply hanging out. 

While we can't do all the things we might have normally if there weren't a pandemic, we've managed to fit quite a lot in since moving to Maine in June.

We enjoy getting outdoors and going hiking.

Through careful planning we've managed to visit several state and national parks during the pandemic including Acadia National Park in October for peak fall foliage. 

Kearl and her family in Acadia National Park.

Since Acadia is a two-hour drive from our house and we didn't want to stay overnight, we went on a weekday to avoid weekend crowds and planned it on a day when we didn't have any work deadlines. As it turned out, one of my regulars did need something last minute the next day, so I used my phone as a hotspot and took care of some work on my laptop on the drive back while my husband drove and my child played with the plenty of toys and books we always pack on longer drives.

Even as the temperatures cooled down, we've continued to head outdoors. Inspired by reading about the Norwegian concept of "friluftsliv" or "open-air living" in all kinds of weather, we've invested in gear to stay warm and dry during rainy, windy, and snowy weather - with one set of boots rated to keep us comfortable in up to -20 to -40 degree weather and another pair for Maine's notoriously rainy and muddy spring. I've also kept to a personal goal of walking 10,000 steps, or about four miles, a day so far, mostly outside. That's allowed me to catch many a full moon, as well as shooting stars. 

We take advantage of local seasonal activities. Blueberry picking in Beech Hill Preserve.

In the summer, we enjoyed blueberry picking with a local farm that required patrons to follow physical distancing guidelines. 

We've continued the seasonal activities with apple picking, going through a corn maze, going "trunk or treating" at Halloween, and riding a local ski lift in our Halloween costumes.

Trunk or treating in Thomaston, Maine.

We also participated in our town's holiday light decorating competition and going on a driving tour to see all of the lights, and visiting this year's Coastal Maine Botanical Gardens holiday lights display, adapted to a driving tour due to COVID-19. 

While we can't enjoy local museums or libraries, our child can't play with other kids, and we can't travel longer distances to see family and friends, there's a lot of beauty we've been able to enjoy all within a short drive, thanks to planning our schedules in a way that allows us to have time together. 

Read more: A 29-year-old 'California girl' moved to Nova Scotia with her husband last year. She says it's been a culture shock, but living in Canada meant they could finally afford the American dream.

Holiday lights driving tour at Coastal Maine Botanical Gardens.

We're grateful for the chance to be able to work remotely and create moments of joy in otherwise challenging times. One difference we've found in seeing the world this way is compared with being a visitor on a short stay, we can experience all of Maine's seasons and take part in local customs. We've not only picked apples, but we've learned to make applesauce and cider. We've hiked and gathered pine cones for wreaths we made at home. During our beach excursions, we've gathered driftwood and abandoned buoys we've found washed up on the shore to add to our home decor.

Leaving the inflexible workforce behind was a great decision for our family. It opened up a wealth of opportunity for me and my husband to not only leverage our professional skills and work on our own terms, but to also prioritize family time and adventure, regardless of a pandemic.

Read the original article on Business Insider

'It feels like we're just not cared about': Healthcare staff speak out about how the UK's chaotic vaccine rollout means they're treating patients without getting the vaccine themselves

Sun, 01/17/2021 - 11:17am
A doctor prepares to administer a COVID-19 vaccine at the Sunrise Care Home in Sidcup, south east London
  • The UK government says it will vaccinate all health and social care workers by February 15.
  • This is looming closer, and many workers still don't know when they're getting the shot.
  • Five frontline workers spoke to Insider about being left in limbo.
  • Visit Business Insider's homepage for more stories.

Healthcare workers in the UK are getting increasingly frustrated at not knowing when they'll get their first shot of a COVID-19 vaccine.

This includes testing center workers and student doctors who don't know where they fall on the priority list, and fear they may fall through the cracks altogether.

The UK government said its "top priority" is to ensure the 15 million people in its most at risk categories have access to their first dose by February 15.

As well as people who are vulnerable because of their age and health, this group also includes residential, health, and social care workers, with care home residents and the staff who work with them being highest on the priority ranking.

This followed guidance from the Joint Committee on Vaccination and Immunization (JCVI), an independent medical body, that advised the government to prioritize protecting health and social care staff alongside preventing deaths from COVID-19. The government is working to rapidly give out the vaccine, and rolled out a risky and untested strategy of administering as many first doses of it as possible by delaying when people will get their second shot.

But frontline workers, including some who work for the NHS, have told Insider they haven't been contacted yet about their first dose, and are having to treat patients despite not being protected themselves.

In one case, student doctors on placement in hospitals - including some in COVID-19 wards - were told to cancel their vaccination appointments so that staff could get their shots first.

This comes as increasing numbers of healthcare staff are testing positive for COVID-19.

Earlier this month the British Medical Association (BMA) reported that more than 46,000 hospital staff were off sick with COVID-19, per The Guardian. And at some hospitals more than one in seven staff are off work sick, Dr. Tom Dolphin, an anaesthetic consultant in London, told Insider's Kate Duffy. 

NHS workers from St Thomas's Hospital hold up a sign telling Prime Minister Boris Johnson he 'must go' during a protest at the gates of Downing Street against cuts to healthcare on January 14, 2021

This means healthcare staff may have to treat more patients than usual or work longer hours. A survey by the BMA showed that two-thirds of respondents regularly had to work additional hours during the pandemic, and almost half said their work had caused or exacerbated emotional distress, depression, anxiety, and other mental health conditions.

The BMA is urging the government to ensure all frontline staff get the shot as soon as possible, both for their own protection and to relieve the wider burden on the NHS of staff having to self-isolate. To keep services afloat, all healthcare workers must be vaccinated by the end of January, Dolphin added.

But people are falling through the cracks. As of January 11, 43% of London's ambulance and hospital workers - including nurses, admin staff, and cleaners - hadn't been offered a COVID-19 vaccine, according to a study by the GMB Union, per The Independent.

The NHS did not respond to Insider's request for comment. The Department of Health and Social Care referred Insider to the NHS when asked to comment. 

A junior doctor, a student doctor on hospital placement, a testing center assistant, a dental administrator, and a home carer spoke to Insider about their experiences.

The five healthcare staff spoke to Insider on the condition of confidentiality, and their names have been changed for this article.

The junior doctor

"Myself and a lot of other doctors are feeling extremely frustrated at the mismatch between government announcements and the reality of what is actually going on in our hospitals," Rosie, a junior doctor in a large hospital trust in Leeds, told Insider. She works in acute wards looking after dozens of patients every week.

There's regional disparity among the government's rollout of the vaccine to NHS staff, she added.

"I have colleagues that work in a different area of the country who have already had two doses of the vaccine when there are older colleagues I work with that have not."

She doesn't blame the hospital trust she works for, though.

"Despite the government guidance about the implementation of the vaccine and the prioritization of groups, there is no strategy to assure it is rolled out equally," she said.

Read more: The UK's hospital system is on the brink of collapse, forcing overworked staff to postpone cancer treatments, stretch oxygen supplies, and put themselves at risk of catching COVID-19

"It feels as though the government has left hospital trusts to scramble to get the staff and resources together to give out the vaccination on their own - which is no mean feat considering the very large numbers of NHS staff working on the frontline."

As a result, trusts are offering out vaccines to their staff at different rates, affected by issues related to the vaccine's supply, storage, and administration, Rosie said.

"I think that the majority of hospitals are doing the absolute best they can with regards to managing the ever changing COVID-19 environment," she said. "The frustration for me lies with the lack of government support."

The student doctor

Megan, a student doctor on placement, told Insider she isn't sure where she fits in on the government's prioritization list. She works full-time and changes between three different hospitals most weeks, and is on a different ward nearly every day. This includes medical and surgical wards, theaters, intensive care unit, and clinics.

"It's like we're staff but not staff and sometimes forgotten about," Megan said. She isn't an NHS worker as she has no staff number or pay check, meaning she isn't in the same priority bracket as them, but she works in NHS hospitals alongside NHS doctors.

"I feel like as medical students we are often overlooked in things as we are not classed as full staff but are full-time front facing to patients and moved around a lot," she told Insider.

A row of ambulances parked outside the Royal London hospital

One of Megan's friends who is also on placement as a student doctor was due to get a vaccination this week, but got turned away at her appointment for not being staff. This is despite receiving an email inviting her to get the shot.

In an email viewed by Insider, Megan's friend has since been told that staff have to get vaccinated before student doctors, and if they have an appointment they should cancel it - including the student doctors working on COVID-19 wards.

The testing center assistant

Connor, meanwhile, works as a general assistant at a large COVID-19 testing center in the north of England. The role involves instructing people on how to use a test and processing it, alongside occasionally cleaning the site. He isn't employed by the NHS, and instead works for a private agency that the UK government has outsourced testing contracts to.

"We've heard nothing regarding the vaccine and I don't think we'll be getting them," Connor told Insider, adding that he doesn't think he is classed in any of the top priority cohorts.

Read more: UK hospitals move COVID-19 patients to hotel amid bed shortages

"I think this is because we're all on zero-hour contracts and are therefore not seen as a priority, despite some people working over 30 hours a week. It feels like we're just not cared about."

"Everyone working there is putting themselves at risk every time they go in, handling objects we know are infected with COVID-19. It's disheartening and anger inducing how we've been overlooked."

The dental administrator

Lily is a receptionist and administrator at an NHS dental practice. As well as carrying out administrative work like scheduling and filing, Lily is also responsible for doing COVID-19 symptom screenings and taking temperatures.

Lily's workplace only got told last week that its staff would get priority for vaccination, after previously being told that dentists and support staff didn't count as healthcare workers.

"We were told that our practice would be contacted about arranging vaccines but haven't got a plan or timeline for that yet," she told Insider.

Read more: A quarter of New York City's vaccines are going to people who don't actually live there. Some don't even work in the city.

Despite this lack of clarity, the government is urging dental practices to see as many patients as possible right now - including for non-urgent and routine treatments, Lily told Insider.

"It's really frustrating being told to do all that by the same people who are dragging their feet on getting us vaccinated," she said.

The home carer

Paige, meanwhile, is a home carer for a private company. Her job involves visiting elderly clients at home to care for them, including personal and dementia care.

Paige said her company has contacted the relevant authorities about getting access the vaccine "multiple times" but hasn't yet been told when staff will be able to get their shots.

Read more: London Mayor Sadiq Khan declares a 'major incident' as the city's hospitals become overwhelmed with COVID-19 patients

"Even some my clients have not heard when they will be getting the vaccine," she said, noting that some of them spent Christmas alone with only visits from their carers to keep them company.

"Personally I think the government has let a lot of people down," she told Insider. "It is embarrassing and telling how badly the whole pandemic has gone in this country with all the flip flopping of decisions, and all the lining of pockets we have seen, from personal protective equipment deals to free school meals."

Read the original article on Business Insider

Selena Gomez emailed Sheryl Sandberg months before the Capitol siege to highlight US militia group activity on Facebook

Sun, 01/17/2021 - 11:06am
Selena Gomez seen on the set of "Only Murders in the Building."
  • Selena Gomez told Facebook's Sheryl Sandberg in September about militia groups on the site.
  • The star told AP this week that, in the wake of the Capitol riots, she was frustrated tech platforms failed to heed warnings.
  • "Facebook continues to allow dangerous lies about vaccines and COVID and the US election..." she said.
  • Visit Business Insider's homepage for more stories.

Selena Gomez emailed Facebook chief operating officer Sheryl Sandberg in September 2020 to warn of US militia groups operating on the social network despite a ban.

The actress and singer this week shared those emails with the AP, expressing frustration in an interview that tech platforms did not do enough to crack down on extremist speech ahead of the US Capitol riots.

She told the AP: "It isn't about me versus you, one political party versus another. This is about truth versus lies and Facebook, Instagram and big tech companies have to stop allowing lies to just flow and pretend to be the truth.

"Facebook continues to allow dangerous lies about vaccines and COVID and the US election, and neo-Nazi groups are selling racist products via Instagram."

According to the AP, Gomez wrote in her September email to Sandberg: "[A] search for a militia group 'Three Percenters' results in dozens of pages, groups and videos focused on people hoping and preparing for civil war, and there are dozens of groups titled 'white lives matter' that are full of hate and lies that might lead to people being hurt or, even worse, killed."

A member of the AAF III% militia folds the American flag during the rally.

Insider previously reported that the Three Percenters formed in 2008, per the Anti-Defamation League. Its name stems from the myth that only 3% of colonists fought during the Revolutionary War. The group's members see themselves as modern-day incarnations of those revolutionaries.

Gomez's email came despite Facebook banning or restricting militia groups in August.

The actress also took Sandberg, who oversees Facebook's ad business, to task over lies in ads. The firm does not fact-check lies in political ads.

"I can't believe you can't check ads before you take money, and if you can't you shouldn't be profiting from it," she wrote. "You're not just doing nothing. You're cashing in from evil."

AP said Sandberg responded by pointing to the fact Facebook had removed millions of posts for hate speech and had removed divisive ads.

Facebook has been on the defensive after the US Capitol riots on January 6, which saw pro-Trump rioters storm the building and which left five dead. The rioters had planned their activities openly on social media for weeks, on Facebook as well as other platforms.

Sandberg publicly claimed this week the riots had largely been planned off Facebook, saying: "These events were largely organized on platforms that don't have our abilities to stop hate, and don't have our standards, and don't have our transparency." 

Read the original article on Business Insider

Norwegian health officials have adjusted their advice on who gets a COVID-19 vaccine as 29 frail elderly people die

Sun, 01/17/2021 - 10:59am
Svein Andersen, 67, is first in Norway to receive the Pfizer-Biontech COVID-19 vaccine in Oslo, Norway, on December 27, 2020.
  • Norwegian health officials have changed their advice on who gets a COVID-19 vaccine after more than 25 elderly people with underlying health conditions died.
  • According to the agency, "all deaths" are linked to the Pfizer vaccine, which was the only one available in the country until Friday.
  • However, Norwegian officials maintain they are not alarmed and have advised individual doctors to decide who should receive a vaccine.
  • Pfizer said they are investigating the deaths but added that "the number of incidents so far is not alarming, and in line with expectations."
  • Visit Business Insider's homepage for more stories.

Norwegian health officials have warned that vaccinating the most frail older people with serious underlying health conditions could be dangerous after the country reported more than 25 deaths.

The Norwegian Medicines Agency first reported on Thursday that 23 elderly people had died in a short time after receiving their first dose of the Pfizer vaccine, 13 of which may have suffered from deadly side effects.

However, the number of deaths has been updated to 29 people as of Sunday, according to Bloomberg.

According to the agency, "all deaths" are linked to the Pfizer vaccine, which was the only one available in the country until Friday.

Officials listed fever, vomiting, and nausea as side effects which "may have led to the deaths of some frail patients," Sigurd Hortemo of the Norwegian Medicines Agency said, Bloomberg reported.

Read more: What's coming next for COVID-19 vaccines? Here's the latest on 11 leading programs.

The latest deaths, which all occurred among patients in nursing homes, prompted officials to adjust their advice on who gets the COVID-19 vaccine, leaving it up to individual doctors to decide who should be vaccinated.

The country also warned that other countries should keep an eye on their elderly vaccine recipients in the most cautious statement from a European health authority yet.

However, Norwegian officials maintain they are not alarmed and that allergic reactions to vaccines are still very rare.

"Doctors must now carefully consider who should be vaccinated. Those who are very frail and at the very end of life can be vaccinated after an individual assessment," he added.

Pfizer and BioNTech have said they are working with the health officials to investigate the deaths but added that "the number of incidents so far is not alarming, and in line with expectations," according to Bloomberg.

Insider also asked Pfizer for comment but did not hear back at the time of publication.

According to a tracker by Johns Hopkins University, more than 58,000 Norwegians have been infected since the beginning of the pandemic, but only 517 have died.

Read the original article on Business Insider


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