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.
The company said its "Get Low" collection is temporarily unavailable for sale online, but remains in stock in stores while it reviews customer feedback.
President Trump moved to fire Lisa Cook from the Federal Reserve Board of Governors in August.
The chief investment officer of AkademikerPension said the decision was not directly related to the rift between the U.S. and Greenland.
Vice President JD Vance and second lady Usha Vance announced they are expecting their fourth child.
A federal judge said Lindsey Halligan's continued use of the U.S. attorney title "ignores a binding court order" that disqualified her from the position last year.
President Trump called for a one-year 10% cap on credit card rates starting Jan. 20. Here's what credit card companies are doing.
A new BNPL pilot from financial technology company Affirm will give renters the option to break up their rent into two equal payments.
A trio of Republican senators asked the Trump administration to end a visa waiver program in far-flung U.S. territories in the Pacific that they say encourages "birth tourism."
An infectious disease physician and former CDC official said he does not "have faith" that the U.S. is "handling measles very well."
Minnesota Gov. Tim Walz, Minneapolis Mayor Jacob Frey and others were subpoenaed in connection with a DOJ probe into an alleged conspiracy to impede federal immigration officers, three sources said.
Hawaii enacted a rule that bars people from bringing guns onto private property that is open to the public, like shops or gas stations, unless the owner gives express authorization.
President Trump spoke in the White House briefing room for nearly two hours on Tuesday, marking the first year of his second term as he prepares for a high-pressure trip to Europe.
More than 10 countries have signed on to join President Trump's "Board of Peace" for Gaza, sources familiar with the discussions told CBS News.
GOP Rep. Julia Letlow is jumping into the Louisiana Senate race after President Trump encouraged her to challenge Sen. Bill Cassidy in the state's primary.
The streaming service is sweetening its offer amid Paramount Skydance's hostile takeover bid for the Hollywood studio.
Congress has until Jan. 30 to fund the remaining government agencies and programs following the longest government shutdown in history in November.
U.S. stocks sank on Tuesday following President Trump's weekend threats to impose tariffs on some NATO trading partners.
What's a "peanut butter" raise? Here's what it means, and why this is the type of pay hike you should expect this year.
In an exclusive interview from her jail cell, Aimee Bock defended her conduct in Minnesota's Feeding Our Future fraud case, but admitted regrets.
Andrew Johnson is the latest in a series of pardoned Jan. 6 riot defendants to face new criminal charges.
President Trump has reshaped America's approach to foreign policy, pressured political enemies, downsized the federal workforce and prioritized deportations his first year in office.
A program that had played in a grand total of 13 bowl games in the 130-some years before coach Curt Cignetti arrived in 2024 went on a historic run en route to a 16-0 season and a national title.
"We have a fiduciary duty to Nippon," U.S. Steel CEO David Burritt said, but noted, "We're still mined, melted and made in the good ol' USA."
The pileup in Michigan is the latest impact of the major winter storm moving across the U.S. More than 200 million people are in the path of the arctic blasts.
The U.S. Department of Justice says claims made in a lawsuit seeking an immediate stop to the surge of U.S. Immigration and Customs Enforcement in Minnesota are "legally frivolous."
The company said its "Get Low" collection is temporarily unavailable for sale online, but remains in stock in stores while it reviews customer feedback.
President Trump moved to fire Lisa Cook from the Federal Reserve Board of Governors in August.
The chief investment officer of AkademikerPension said the decision was not directly related to the rift between the U.S. and Greenland.
Vice President JD Vance and second lady Usha Vance announced they are expecting their fourth child.
A federal judge said Lindsey Halligan's continued use of the U.S. attorney title "ignores a binding court order" that disqualified her from the position last year.
The company said its "Get Low" collection is temporarily unavailable for sale online, but remains in stock in stores while it reviews customer feedback.
The chief investment officer of AkademikerPension said the decision was not directly related to the rift between the U.S. and Greenland.
President Trump called for a one-year 10% cap on credit card rates starting Jan. 20. Here's what credit card companies are doing.
A new BNPL pilot from financial technology company Affirm will give renters the option to break up their rent into two equal payments.
The streaming service is sweetening its offer amid Paramount Skydance's hostile takeover bid for the Hollywood studio.
Lawyers for Reza Valizadeh, a U.S. citizen arrested in 2024 by Iran's Islamic Revolutionary Guard Corps, filed a petition Tuesday with the United Nations Working Group on Arbitrary Detention.
President Trump moved to fire Lisa Cook from the Federal Reserve Board of Governors in August.
Vice President JD Vance and second lady Usha Vance announced they are expecting their fourth child.
A federal judge said Lindsey Halligan's continued use of the U.S. attorney title "ignores a binding court order" that disqualified her from the position last year.
A trio of Republican senators asked the Trump administration to end a visa waiver program in far-flung U.S. territories in the Pacific that they say encourages "birth tourism."
An infectious disease physician and former CDC official said he does not "have faith" that the U.S. is "handling measles very well."
A review of studies published in The Lancet found no link between acetaminophen use during pregnancy and autism, contradicting the Trump administration's recent claims.
Lacy Cornelius Boyd needed IV nutrition and an ileostomy bag after a devastating car crash. A rare transplant was her only option.
A new analysis of dozens of peer-reviewed medical studies found no link between the use of Tylenol during pregnancy and diagnoses of autism, ADHD or intellectual disabilities in children.
"It's as definitive as we're going to get," CBS News medical contributor Dr. Céline Gounder said of the new research, which found no connection between Tylenol and autism or ADHD.
Lawyers for Reza Valizadeh, a U.S. citizen arrested in 2024 by Iran's Islamic Revolutionary Guard Corps, filed a petition Tuesday with the United Nations Working Group on Arbitrary Detention.
Despite fears of Chinese spying and hacking, the British government gave the go-ahead for China to build a massive new embassy in the heart of London.
Mexican Security Minister Omar García Harfuch wrote in a social media post on X that the people transferred were "high impact criminals."
Chaos around prisons holding ISIS detainees in Syria is highlighting security risks for U.S. forces in the region.
"There are many people who are very sad for the victims of this terrible accident, but there were also many who survived, like the miracle of the girl who is safe," the mayor said.
An assistant for "Queer Eye" star Karamo Brown told "CBS Mornings" he would not be joining Tuesday's interview with the cast ahead of the release of the series' 10th and final season.
Actor and comedian Bert Kreischer stars in the new comedy series "Free Bert," where he plays a fictional version of himself. He speaks to "CBS Mornings" about the series, which was inspired by his own family, and why the show almost didn't happen.
The cast of the series "Queer Eye" talks to "CBS Mornings" about a member of the show's absence, the series' legacy ahead of its 10th and final season and how it has impacted them.
Acclaimed fashion designer Valentino Garavani, known simply as Valentino, has died at age 93. Seth Doane looks back at his life and legacy.
Billy Bob Thornton joins "CBS Mornings" to discuss the second season of the hit series "Landman," which he stars in as oil executive Tommy Norris. Thornton talks about his immediate chemistry with Ali Larter and why the show resonates with viewers.
"Sunday Morning" looks back at historical events on this date.
A new investigative report by 404 Media says ICE agents have a new high-tech way to zero in on neighborhoods to raid. The report says it's an app called Elite, powered by Palantir. Joseph Cox, an investigative journalist at 404 Media, discusses his reporting on CBS News.
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 ads will appear at the bottom of the chat window on the free and low-subscription versions of ChatGPT, OpenAI said Friday in a blog post.
Elon Musk is facing a lawsuit from Ashley St. Clair, with whom he shares a child, over deepfakes of her undressed made by his AI chatbot Grok. CBS News legal contributor Jessica Levinson joins with analysis.
"Sunday Morning" looks back at historical events on this date.
The Dinosaur National Monument, which is located on the border between Colorado and Utah, was last excavated in 1924.
Have you ever wondered if your dog is eavesdropping on you? A new study published in the Journal of Science found that some dogs are not only listening, but are also learning words. Lead scientist Dr. Shany Dror joins CBS News to discuss.
Fossilized bones and teeth dating to 773,000 years ago are providing a deeper understanding of the emergence of Homo sapiens.
If you rang in the new year with a kiss, you took part in a tradition millions of years in the making. Scientists now say the origins of kissing go back much farther than most think. CBS News' Tina Kraus has more.
The manhunt is underway in Indiana after a judge and his wife were shot and wounded in their Lafayette home. CBS News' Nicole Valdes reports.
Actor Timothy Busfield is back in a New Mexico courtroom for a detention hearing. He's accused of inappropriately touching two child actors, which he denies. CBS News correspondent Carter Evans has the latest.
Mexican Security Minister Omar García Harfuch wrote in a social media post on X that the people transferred were "high impact criminals."
Aimee Bock, who has been called the "mastermind" behind a major fraud case in Minnesota, spoke with CBS News Minnesota's Jonah Kaplan from her jail cell about her alleged crimes.
The Trump administration is navigating multiple lawsuits surrounding federal immigration raids in Minnesota. CBS News' Camilo Montoya-Galvez reports.
Virgin Galactic is sending its first all-female crew to space. Kellie Gerardi, who is leading the crew, joins "CBS News 24/7 Mornings" to discuss the goals of the mission.
Inch by inch, NASA's Artemis II moon rocket lumbered along its four-mile commute from the Vehicle Assembly Building to launch pad 39-B. Mark Strassmann is at the Kennedy Space Center in Florida with more.
Four Artemis II astronauts plan to fly around the moon and back next month, traveling farther from Earth than any humans before them.
NASA is beginning its rollout of its Space Launch System rocket and Orion spacecraft as preparations for the Artemis II mission enter their final stage.
Depending on the timing, NASA could launch a fresh crew to the space station while four other astronauts are flying around the moon.
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.
With President Trump marking one year of his second term, CBS News senior White House correspondent Weijia Jiang spoke with State Department principal deputy spokesperson Tommy Pigott about the administration's foreign policy agenda.
President Trump is heading to Davos, Switzerland, on Tuesday night, where he will continue his insistence that the U.S. take control of Greenland. CBS News senior White House and political correspondent Ed O'Keefe spoke with two White House officials at the World Economic Forum to learn more about the administration's stance.
President Trump's push for Greenland continued ahead of the World Economic Forum in Switzerland. Brett Bruen, president and CEO of the Global Situation Room, joins CBS News to discuss.
The manhunt is underway in Indiana after a judge and his wife were shot and wounded in their Lafayette home. CBS News' Nicole Valdes reports.
Actor Timothy Busfield is back in a New Mexico courtroom for a detention hearing. He's accused of inappropriately touching two child actors, which he denies. CBS News correspondent Carter Evans has the latest.