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The Centers for Medicare & Medicaid Services (CMS) released a list of over 150 participants in the ACCESS health model, showing a wide mix of experienced healthcare organizations and new companies from related fields. The program aims to improve care for patients with chronic conditions by paying for results rather than services, but some worry not all participants are ready for the challenges involved.
Key Facts
CMS announced more than 150 participants in the ACCESS model focused on outcomes-based care.
Participants include longtime Medicare Advantage and healthcare providers, as well as companies from consumer tech and data analytics.
ACCESS lowers entry barriers compared to past federal healthcare programs to encourage innovation.
The goal is to improve measurable patient health results while managing costs and care coordination.
Experienced organizations face a familiar challenge of value-based care; newer participants may face a steep learning curve.
Some healthcare leaders see the diverse group as a chance to innovate faster, while others worry some entrants do not fully understand Medicare.
ACCESS emphasizes patient choice, recognizing Medicare patients also act as consumers seeking connected health devices.
Industry experts agree change is needed in Medicare care delivery and payment models.
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The stock market reached new high points on Thursday after making record gains the previous day. Investors are hopeful that the conflict with Iran will be resolved soon, which is helping the market rise.
Key Facts
Stock prices on Wall Street increased to new levels on Thursday.
The market had already seen record gains on Wednesday.
Investors feel positive about a possible quick end to the war involving Iran.
Optimism about resolving the conflict is boosting confidence in the stock market.
The information was reported by CBS News MoneyWatch correspondent Kelly O’Grady.
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Tom Cruise will star in "Top Gun 3," the next movie in the "Top Gun" series. The film has been officially approved by producer Jerry Bruckheimer and is now in development, with a script being worked on by Ehren Kruger.
Key Facts
"Top Gun 3" is officially going ahead after years of rumors.
Tom Cruise will return as the character Pete 'Maverick' Mitchell.
Producer Jerry Bruckheimer has approved the project.
Paramount has been developing the movie for two years.
Ehren Kruger is writing the script.
The cast for the new film has not been announced yet.
The ongoing conflict with Iran is causing higher prices in the United States. These price increases are seen in areas like transportation and food production.
Key Facts
The war with Iran is linked to rising costs for Americans.
Higher prices affect transportation, such as fuel and shipping.
Food production costs are also going up due to the conflict.
Increased costs come from disruptions in supply chains and energy markets.
The report was made by CBS News business and technology correspondent Jo Ling Kent.
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Comedian Dave Chappelle has lived in Yellow Springs, Ohio, for over 25 years. He has invested millions of dollars in the town and supports its local public radio station because he thinks it is important for the community's future.
Key Facts
Dave Chappelle is a comedian.
He has lived in Yellow Springs, Ohio, for more than 25 years.
He has invested millions of dollars into the local community.
Chappelle supports the town’s local public radio station.
He believes the public media station is important for the town’s future.
This information comes from a report by Amna Nawaz.
The story is part of an arts and culture series called CANVAS.
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Netflix cofounder and Chairman Reed Hastings will step down and not seek re-election at the company’s June meeting. Netflix lost a $72 billion deal for Warner Bros Discovery but continues to grow its revenue and plans to expand into new entertainment areas like video podcasts and live events.
Key Facts
Reed Hastings helped start Netflix 29 years ago and is now leaving to focus on philanthropy and other activities.
Netflix lost a $72 billion deal for Warner Bros Discovery to Paramount Skydance.
Netflix’s stock dropped about 8% after the news of Hastings’s departure.
The company’s revenue rose 16% to $12.25 billion in the first quarter of 2024.
Earnings per share increased from 66 cents last year to $1.23 this year.
Netflix received a $2.8 billion termination fee after losing the Warner Bros deal.
Netflix plans to grow by investing in video podcasts and live entertainment events like the World Baseball Classic in Japan.
Advertising revenue is expected to double to $3 billion by 2026 as Netflix improves its technology and monetization strategies.
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Australia has secured an extra 250,000 tonnes of fertiliser from Indonesia to support farmers for the current planting season. Prime Minister Albanese cut short a trip to Malaysia to visit a fuel refinery in Geelong after a fire that may affect fuel supplies.
Key Facts
Australia will receive 250,000 tonnes of agricultural-grade urea fertiliser from Indonesia, covering about 20% of the current planting season's needs.
The deal involves the companies Incitec Pivot Fertilisers and PT Pupuk Indonesia, with support from the Australian and Indonesian governments.
The Albanese government is also securing additional diesel supplies from South Korea and Brunei to counter fuel disruptions caused by the Middle East conflict.
Prime Minister Albanese ended his fuel security visit to Malaysia early after a large fire damaged part of the Geelong refinery, one of Australia’s two remaining fuel refineries.
The fire could worsen fuel shortages in parts of Victoria, and officials will assess its impact on fuel supply in the coming days.
Albanese, along with the energy and defence ministers, plans to visit the refinery to oversee the situation.
The government emphasizes the importance of strong regional partnerships for food and fuel security amid global uncertainties.
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Reed Hastings, who co-founded Netflix 29 years ago, will leave the company's board and not seek re-election in June. Netflix's revenue grew 16% last year, and the company plans to focus on new entertainment areas and advertising growth despite losing a deal to buy Warner Bros Discovery.
Key Facts
Reed Hastings is stepping down from Netflix’s board after nearly three decades.
Hastings will focus on philanthropy and other interests.
Netflix’s stock dropped about 8% after the announcement.
The company lost a $72 billion deal to acquire Warner Bros Discovery.
Netflix’s revenue rose to $12.25 billion, up 16% from the previous year.
Netflix plans to increase its offerings in video podcasts and live entertainment, like the World Baseball Classic in Japan.
Advertising revenue is expected to reach $3 billion by 2026, doubling from last year.
Netflix stated the Warner Bros acquisition was a “nice to have” but not essential for its growth.
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European airlines may run out of jet fuel within six weeks, according to the head of the International Energy Agency. This shortage could lead to fewer flights and higher ticket prices, with airlines already cutting their flight schedules before the summer holidays.
Key Facts
The International Energy Agency warned of a potential jet fuel shortage in Europe in about six weeks.
Airlines are reducing flights ahead of the summer travel season due to fuel concerns.
Passengers can expect fewer flights and more expensive tickets.
The jet fuel shortage is connected to current energy supply issues in Europe.
European officials are also concerned about supporting Ukraine and limiting Russia’s economic gains from the energy crisis.
The warning was given by Fatih Birol, the head of the International Energy Agency.
The situation may affect travel plans during the busy holiday period.
This issue highlights broader energy challenges impacting different industries in Europe.
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Reed Hastings, co-founder of Netflix, will step down as the company’s chairman in June to focus on philanthropy and other activities. Netflix reported a 16% rise in revenue in early 2026, helped by higher subscription prices and more advertising income, but its stock price dropped about 8% after the report.
Key Facts
Reed Hastings co-founded Netflix in 1997 with Marc Randolph.
Hastings will leave his chairman role in June 2026.
Netflix’s first-quarter 2026 revenue increased by 16%.
Growth came from raising membership prices and more advertising money.
Despite revenue growth, Netflix’s share price fell approximately 8%.
Hastings wants to focus on philanthropy and other personal interests.
Netflix’s co-CEOs Ted Sarandos and Greg Peters praised Hastings’ leadership.
Netflix is expanding ads into live events, including a UK boxing match between Tyson Fury and Anthony Joshua.
Netflix faces strong competition in streaming, especially if Paramount Skydance completes its takeover of Warner Bros.
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The article discusses how the conflict involving Iran could cause oil and gas prices to rise. Higher prices for energy can make living costs, such as fuel and heating, more expensive in the UK.
Key Facts
The war involving Iran may lead to higher oil and gas prices.
Increased energy prices can raise the overall cost of living.
Fuel and mortgage payments could become more costly due to these price rises.
The article is part of broader coverage about economic and financial issues.
Changes in oil and gas markets can affect households across the UK.
The story is connected to other business topics like budgets and trade policies.
Rising energy costs can impact many parts of daily life, from heating homes to transportation.
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Trader Joe’s agreed to pay $7.4 million to settle a lawsuit about printing too much credit and debit card information on customer receipts in 2019. Customers who used a card at Trader Joe’s during that time and received such receipts may claim about $102 each from the settlement.
Key Facts
Trader Joe’s receipts showed both the first six and last four digits of customers’ card numbers in 2019, which may violate the law.
The law called FACTA limits printed receipts to show no more than the last five digits of a card number.
Trader Joe’s denied wrongdoing but settled to avoid long legal costs and said no identity theft was reported.
To be eligible, customers must have bought something at Trader Joe’s between March 5 and July 19, 2019, using a card and gotten a receipt with the extra numbers.
The estimated payout per eligible person is about $102, but this can change depending on how many claims are made and expenses taken from the fund.
Claims must be filed by June 9, 2026, through the official website or by mail to get the payout.
Settlements will be paid after court approval and may come by mail or digitally.
Customers do not need to have suffered identity theft to claim money from this settlement.
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Newly revealed documents show that Amazon pressured sellers to keep their prices on other websites, like Walmart and Target, the same or higher than on Amazon. California's attorney general alleges this practice hurts competition and raises prices for buyers. Amazon denies these accusations and calls the claims false.
Key Facts
California sued Amazon in 2022 for allegedly forcing sellers to raise prices on competing sites.
The evidence includes internal Amazon emails, testimonies, and presentations recently unsealed by a court.
Amazon monitored sellers’ prices on other websites and took action if prices were lower elsewhere.
Sellers who priced their products lower on other sites lost access to Amazon’s “Buy Box,” reducing their sales drastically.
One seller lost Buy Box access for pricing an item just one cent lower on Walmart than on Amazon.
Some sellers changed codes or raised prices on other sites to avoid Amazon penalties.
California's attorney general says these actions break the law and hurt consumers by keeping prices high.
Amazon denies wrongdoing and plans to defend itself in a trial set for January 2027.
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French billionaire Vincent Bolloré is causing major changes at the French publishing house Grasset. Over 100 authors have decided to leave the company after the sudden exit of its long-time CEO.
Key Facts
Vincent Bolloré is a wealthy French businessman involved in media and publishing.
Grasset is a well-known French publishing brand associated with famous authors.
The CEO of Grasset, who had worked there for a long time, left unexpectedly.
More than 115 authors decided to leave Grasset following the CEO’s departure.
This situation is part of a larger reshaping of the French media industry influenced by Bolloré.
The authors' departure marks a significant disruption in French literary and publishing circles.
Bolloré’s influence has been controversial within the French media and culture sectors.
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The U.S. government will launch an online portal called CAPE on April 20 to help businesses request refunds for tariffs that the Supreme Court ruled were illegally applied under President Trump’s administration. Businesses must apply for refunds themselves, and only certain recent tariffs are eligible for repayment.
Key Facts
CAPE stands for Consolidated Administration and Processing of Entries and is managed by U.S. Customs and Border Protection (CBP).
The Supreme Court ruled in February that President Trump had illegally imposed tariffs under the International Emergency Economic Powers Act (IEEPA).
The government could owe businesses up to $175 billion in tariff refunds.
Only importers of record or customs brokers can apply for refunds; consumers cannot.
Refund claims are not automatic; businesses need to submit applications and await approval.
CAPE initially accepts refunds for unliquidated tariffs and tariffs finalized by CBP within the past 80 days.
More than 56,000 importers have registered for refunds, covering about 82% of IEEPA tariff payments.
The portal aims to simplify refund requests but places responsibility on businesses to provide necessary information and claim the refunds.
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A large study of dog-training requests in the U.S. shows that many owners confuse reactivity with aggression in their dogs. Reactivity is an emotional overreaction often caused by fear or surprise, while aggression is behavior intended to cause harm. Experts say understanding this difference can help owners respond better and improve dog behavior.
Key Facts
Bark Busters reviewed nearly 50,000 dog-training consultations across the U.S.
Reactivity includes behaviors like barking, lunging, and growling without the intent to harm.
Aggression involves actions like biting or snapping that aim to cause harm or assert control.
Reactivity usually happens in response to specific triggers and stops once the trigger is gone.
Many owners mistakenly punish reactive behavior, which can make the problem worse.
Calm and consistent communication helps dogs feel safe and reduces reactivity.
Early training during puppyhood can improve a dog’s behavior and confidence.
Proper understanding helps prevent reactivity from turning into more serious issues.
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The Federal Trade Commission (FTC) reached settlements with three advertising firms over accusations that they worked together to reduce ad spending on conservative news sites. The FTC says these companies used shared rules about "brand safety" to restrict ads on websites labeled as spreading misinformation, mostly affecting conservative media.
Key Facts
The FTC and eight US states sued advertising firms Dentsu, Publicis, and WPP for allegedly boycotting conservative media.
The lawsuit claims the firms colluded to create a "Brand Safety Floor" that targeted sites labeled as spreading misinformation.
These rules led to less advertising money for conservative websites, including Breitbart.
Competitors Omnicom and Interpublic are already under a similar FTC order related to these practices.
The FTC’s complaint focuses on efforts by industry groups like the Global Alliance for Responsible Media (GARM) to enforce these advertising restrictions.
Media Matters for America also pressured advertisers to avoid putting ads on Fox News and the platform X, according to the FTC.
The FTC settlements stop the firms from cooperating with others to boycott ads on news sites.
The settlements were approved by a US District Judge on the same day they were filed.
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You can qualify for credit card debt forgiveness even if your wages are being garnished, which means part of your paycheck is taken to pay off debt. To qualify, you generally need to prove you cannot repay your debt, show financial hardship, and have a significant amount of debt.
Key Facts
Wage garnishment happens when a court orders part of your wages to go directly to your creditor.
Credit card debt forgiveness can reduce your debt by 30% to 50%.
To qualify, you must prove you cannot repay your debt, often shown by wage garnishment.
You need to provide proof of financial hardship, such as job loss, divorce, or medical issues.
Typically, you must owe at least $7,500 to $10,000 to be eligible for forgiveness plans.
Very large debts (close to six figures) might be better handled by bankruptcy.
Even with forgiveness, you usually have to pay the remaining amount as a lump sum.
Forgiven debt is considered taxable income, so you may owe taxes on the amount forgiven.
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Federal lawmakers are proposing a new bill to limit states from taking control of unclaimed financial assets, such as bank accounts and investments, without clear proof that the owner is deceased. This move comes after a CBS News investigation revealed that states, especially California, hold billions in unclaimed property and often use the money for their budgets, returning only a small percentage to the rightful owners.
Key Facts
California holds over $15 billion in unclaimed property, including uncashed checks and old bank accounts.
The state uses this money for general operations but must return it if the owner claims it later.
California returns only about 3.5% of the unclaimed property it holds.
States across the U.S. collectively hold tens of billions in unclaimed property and sometimes use it for state projects.
The SAFER Act, introduced by Democratic Rep. Sam Liccardo and Republican Rep. Mike Lawler, would restrict states from taking ownership of such assets unless the owner is confirmed dead or meets other strict conditions.
Currently, states can take assets after inactivity periods as short as three years, even if owners are still alive.
Senator Elizabeth Warren is calling for a nationwide review of state unclaimed property systems due to concerns about increasing amounts of Americans’ money being taken by states.
The proposed legislation aims to protect Americans’ savings and investments so they benefit from their long-term growth.
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Simon Wolfson, chief executive of the British retailer Next, received a record pay package of over £7 million last year and could earn up to £9.27 million this year. Next is increasing his salary and bonuses due to the company’s strong performance and to keep attracting and keeping top managers.
Key Facts
Simon Wolfson earned more than £7 million in 2023, the highest pay in his career.
His basic salary will rise 3% to £1 million in 2024.
His maximum annual bonus will increase from 150% to 200% of his salary.
His long-term bonus potential will rise from 225% to 400% of his salary.
Next’s board said Wolfson’s pay was below average compared to other top UK companies and needed to reflect the company’s good results.
The company reported profits of £1 billion in 2023 and expects £1.2 billion by January 2027.
Next owns several British retail brands, including Gap, Victoria’s Secret, Cath Kidston, Reiss, and FatFace.
Four out of five Next executives already earn more than £3 million each year with bonuses.
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