Hospital chain claims "greed and bad faith misconduct" led to bankruptcy
Bankruptcy filing alleges Steward Health Care executives siphoned $245 million from needy hospitals.
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Bankruptcy filing alleges Steward Health Care executives siphoned $245 million from needy hospitals.
Bankruptcy comes days after scathing Senate report on private equity impact on hospitals.
The law is intended to prevent the financial maneuvers Steward used to siphon money away from direct patient care.
Two private equity firms' efforts to wring profits out of hospitals in underserved communities put patients in danger, according to a new report by a powerful Senate committee.
A Senate committee voted to take steps to hold Steward Health Care CEO Ralph de la Torre in civil and criminal contempt
The CEO of the troubled hospital chain did not appear at a Congressional hearing on Tuesday, despite a subpoena calling for his testimony.
Federal grand jury focuses on financial activities of Steward Health Care under CEO Ralph de la Torre.
Ralph de la Torre, the CEO of Steward Health Care, says he will not testify at a Senate hearing in Washington next week.
Massachusetts Gov. Maura Healey has announced a plan to save five Steward hospitals from closure.
One lawmaker called Steward CEO Ralph de la Torre "the poster child" for corporate greed in health care.
The Dallas-based company, which owns hospitals in Massachusetts and seven other states, has been accused of putting profits over patients.
Steward Health Care, the struggling hospital group that owns hospitals in Massachusetts, Texas, Florida and other states, announced Monday that it is filing for bankruptcy.
One of the largest hospital bankruptcies in history is leading to new concerns that some communities will be left without access to medical care. CBS News chief medical correspondent Dr. Jon LaPook has more.
CEO of hospital system struggling with supply shortages previously acquired a $40 million megayacht, company confirms.
The top Democrat and Republican on a powerful Senate committee launched a wide-ranging investigation into private equity's impact on the U.S. health care system.
Texas Vista's owner, Steward Health Care, is shutting down the hospital six years after purchasing it with the help of private equity investors.
Delaware County Memorial closed last fall after private equity investors siphoned millions of dollars.
A for-profit California company saw windfall dividend — and patients scrambled for care, a CBS News investigation found.
Norwegian police reported on Sunday an explosion near the U.S. Embassy in the capital Oslo, but said there were no casualties.
The zipper head on the recalled HALO Magic Sleepsuits poses a danger to babies, according to the U.S. Consumer Product Safety Commission.
All six service members died during an unmanned aircraft system attack in Port Shuaiba, Kuwait.
Italian Archbishop Gabriele Caccia, 68, is currently the Holy See's ambassador to the United Nations in New York.
In July, Prasad was briefly forced from his job, but was reinstated less than two weeks later.
Rep. Darrell Issa's abrupt reversal injects more uncertainty in the race for the newly redrawn Southern California congressional district.
The Justice Department on Friday asked a federal appeals court to overturn a lower court ruling that invalidated President Trump's executive orders targeting four major law firms.
Severe storms were sweeping across the central U.S., and forecasters warned tornadoes could turn dangerous across several states.
A Pakistani business owner accused of trying to hire hit men to kill a U.S. politician has been convicted in a trial that showcased allegations of Iran-backed plotting on American soil.
President Trump predicted the destruction not just of college sports but the entire U.S. collegiate system unless the industry is fixed quickly.
Video of last year's fatal shooting of Ruben Ray Martinez obtained by CBS News appears to contradict claims that Martinez was shot by an ICE agent because he "accelerated" and "intentionally ran over" another agent.
President Trump has indicated he's keeping an eye on Cuba and predicted on CNN that "Cuba is gonna fall pretty soon."
Lawyers for the press asked a court to block the Pentagon from enforcing a recent policy restricting what journalists report, arguing it violates the First Amendment freedom of the press.
Although home prices remain elevated, conditions are shaping up to be more favorable for buyers this year, experts said.
Jet fuel costs have shot up more than 50% since the U.S.-Israel attack on Iran sparked a jump in global prices.
The maker of the Claude chatbot says its research could help identify economic disruptions by measuring how AI is currently reshaping work.
Sen. Chuck Grassley said the dispute partly at the center of the dispute between DHS and its inspector general concerns undercover testing of TSA screening procedures.
The gunman who carried out the mass shooting last weekend in Austin, Texas, assaulted a woman three months earlier at a Tesla facility, according to a lawsuit filed Thursday in Texas.
The bill passed by the Virginia legislature prohibits schools from teaching what it considers to be falsehoods about the U.S. Capitol riot, including portraying it "as peaceful protest."
"States have been trying to topple regimes with air power alone and — I'm choosing my words carefully — it has never worked," Robert Pape told CBS News 24/7.
Stocks fell after new government data showed U.S. employers shed 92,000 jobs in February and as investors fret over oil prices.
A look at the features for this week's broadcast of the Emmy-winning program, hosted by Jane Pauley.
Lawmakers are demanding an investigation after a man from Haiti who was seeking asylum in Massachusetts died in ICE custody.
The pair, 47 and 13, were found in a vehicle on Highway 60, Oklahoma officials said.
Surging global oil prices due to the Iran war are leading to a spike in gasoline costs for U.S. motorists.
Norwegian police reported on Sunday an explosion near the U.S. Embassy in the capital Oslo, but said there were no casualties.
The zipper head on the recalled HALO Magic Sleepsuits poses a danger to babies, according to the U.S. Consumer Product Safety Commission.
All six service members died during an unmanned aircraft system attack in Port Shuaiba, Kuwait.
Italian Archbishop Gabriele Caccia, 68, is currently the Holy See's ambassador to the United Nations in New York.
In July, Prasad was briefly forced from his job, but was reinstated less than two weeks later.
Venezuela's new administration is cutting deals, but there's a big reward available for a key figure.
Although home prices remain elevated, conditions are shaping up to be more favorable for buyers this year, experts said.
Jet fuel costs have shot up more than 50% since the U.S.-Israel attack on Iran sparked a jump in global prices.
The maker of the Claude chatbot says its research could help identify economic disruptions by measuring how AI is currently reshaping work.
Stocks fell after new government data showed U.S. employers shed 92,000 jobs in February and as investors fret over oil prices.
President Trump on Saturday told reporters, without citing evidence, that he believes a deadly strike on a girls' primary school in southern Iran last weekend was "done by Iran."
Workers installed a plaque honoring police officers in the early morning hours, three years after it was required by law to be erected.
The White House called the gathering of Latin American leaders the "Shield of the Americas" summit.
In July, Prasad was briefly forced from his job, but was reinstated less than two weeks later.
Rep. Darrell Issa's abrupt reversal injects more uncertainty in the race for the newly redrawn Southern California congressional district.
The zipper head on the recalled HALO Magic Sleepsuits poses a danger to babies, according to the U.S. Consumer Product Safety Commission.
Debi Weiss thought her fatigue and weakness was a seasonal illness, but her condition quickly worsened.
In July, Prasad was briefly forced from his job, but was reinstated less than two weeks later.
HHS Secretary RFK Jr. wants the popular coffee chains to prove their surgery drinks are safe for teens and suggested the Trump administration could place limits on your cup of coffee.
Tests of dozens of baby formulas by Consumer Reports found that nearly half contained potentially dangerous chemicals.
Norwegian police reported on Sunday an explosion near the U.S. Embassy in the capital Oslo, but said there were no casualties.
President Trump on Saturday told reporters, without citing evidence, that he believes a deadly strike on a girls' primary school in southern Iran last weekend was "done by Iran."
All six service members died during an unmanned aircraft system attack in Port Shuaiba, Kuwait.
Oksana Masters has competed at every Paralympics since 2012 and is the most decorated American Winter Paralympian.
At least five people are in serious condition, an official said. Three minors - a 16-year-old and two 17-year-olds - are among the wounded.
"CBS Saturday Morning" sits down with Morgan Neville, the director of "Man on the Run," a documentary about the life of Paul McCartney after the Beatles broke up.
Grammy-nominated artist Cory Wong is known for his funky sounds and genre-defying collaborations. His latest album, "Lost in the Wonder," featuring star-studded performances, is out now. Here's Cory Wong performing "Roses Fade" with Devon Gilfillian.
Grammy-nominated artist Cory Wong is known for his funky sounds and genre-defying collaborations. His latest album, "Lost in the Wonder," featuring star-studded performances, is out now. Here's Cory Wong performing "All Night, Alright" with Taylor Hanson.
Grammy-nominated artist Cory Wong is known for his funky sounds and genre-defying collaborations. His latest album, "Lost in the Wonder," featuring star-studded performances, is out now. Here's Cory Wong performing "Blame It On the Moon" with Devon Gilfillian.
The Academy Award-winning actress and the bestselling writer team up for a courtroom thriller that touches on the lightning-rod issue of abortion.
Artificial intelligence promised to lighten the workload while increasing productivity. But as more people are using AI for work, a new study published in Harvard Business Review finds AI overuse could cause "brain fry." CBS News correspondent Lana Zak spoke with the study's lead author to unpack the findings.
The most recent government data shows nearly 28% of Americans live alone. The number has risen for decades, especially for older generations. Ash-har Quraishi shows simple tools that can provide extra security and protection for your aging loved ones.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
The CEO of Anthropic is apologizing for a leaked internal memo amid a feud with the Pentagon over its AI model. The memo criticized the Trump administration and OpenAI. It comes after the Defense Department declared Anthropic a supply chain risk or a possible security risk.
The Pentagon formally designated artificial intelligence firm Anthropic as a supply chain risk on Thursday amid their feud over AI guardrails. Yahoo Finance senior reporter Brooke DiPalma joins CBS News with more.
A new study in the journal Nature says most sea level rise research may have underestimated coastal water heights by an average of 1 foot.
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in a surprise crossing of a near-frozen Delaware River - a watershed military maneuver that dramatized a changing America, and a changing climate.
At least five people are in serious condition, an official said. Three minors - a 16-year-old and two 17-year-olds - are among the wounded.
Ian Huntley, 52, had been on life support after being hit repeatedly over the head with a metal bar in a U.K. prison on Feb. 26.
A manhunt for a triple murder suspect in Utah ended Thursday when Ivan Miller, 22, was arrested in Colorado. Here's what to know about the investigation.
The gunman who carried out the mass shooting last weekend in Austin, Texas, assaulted a woman three months earlier at a Tesla facility, according to a lawsuit filed Thursday in Texas.
Becky Lloyd, a neighbor and friend of Kouri Richins, who is accused of fatally poisoning her husband in 2022, testified at her trial on Thursday about conversations they had about Richins' marriage. Lloyd said Richins' told her, "In many ways it would be better if he [Richins' husband], if he were dead" in a serious tone. Richins denies killing her husband and has pleaded not guilty to charges.
NASA has announced a major overhaul of its Artemis moon program amid ongoing safety concerns. CBS News space consultant Bill Harwood has more details.
NASA announced an overhaul to its Artemis moon program as safety concerns persist. CBS News space contributor Christian Davenport breaks down the key takeaways.
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
NASA's Artemis II mission continues to face concerns and delays. Scott E. Parazynski, a former astronaut, joins CBS News with more.
NASA is rolling back the Artemis II moon rocket from its launch pad at the Kennedy Space Center in Florida. It is expected to take up to 12 hours to move the 322-foot rocket, with the journey spanning four miles back to its hangar for repairs. CBS News space consultant Bill Harwood has more.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
The American Freedom Train steamed across the country to mark the nation's bicentennial 50 years ago. Natalie Brand reports that this year, marking the 250th anniversary, the train is now a plane.
A plaque honoring police and law enforcement who defended the U.S. Capitol on Jan. 6, 2021, has been installed after years of delays.
China buys nearly all of Iran's sanctioned oil, and due to the U.S. and Israeli-led conflict there, the supply line has been severely disrupted. Anna Coren has more from Beijing.
Massive cleanup efforts are underway after a series of deadly storms ripped through the South and Midwest, killing at least six people. Omar Villafranca reports from hard-hit Beggs, Oklahoma.
Tensions in the Middle East have prompted tighter security in the U.S., and on Friday night, a scare led to a Southwest Airlines flight diversion. Ali Bauman has more details.