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Health insurers rise after US lifts 2027 Medicare Advantage payment rates

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Health insurers rise after US lifts 2027 Medicare Advantage payment rates
Shares ​of U.S. health insurers climbed on ​Tuesday after the government set Medicare Advantage payment rates ​above expectations, an increase that would result in more than $13 billion in additional payments in 2027. Insurers had lost billions in market value after the Trump administration’s smaller-than-expected January ‌proposal sparked backlash ⁠from ⁠an industry already grappling with significant financial strain.

Shares of UnitedHealth jumped more than 10%, ​CVS Health nearly 7%, while Humana gained 8% and Elevance Health added 3%. The Centers for ​Medicare & Medicaid Services said late on Monday it would raise payments to private insurers offering Medicare Advantage plans to older adults in 2027 by ​2.48% on average, much higher than the smaller-than-expected ⁠0.09% rate ‌increase that was proposed in January.

“This improvement should allow ​the industry ​to expand margins in 2027 when coupled with benefit ⁠cuts,” said Mizuho analyst Ann Hynes.

BETTER-THAN-FEARED RATES

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Investors had expected ​a rate increase of at least 1%, Wall Street analysts ​had said earlier.


“This elevates the case for some margin growth in 2026 and lessens the growing perception that CMS’ harsh policy stance on the group is worsening,” said Leerink analyst Whit Mayo.
“At minimum, the sector will be perceived to be more investable.”Health insurers had argued ‌the disappointing rates proposed in January did not reflect the reality of rising medical costs, which have been squeezing industry ​margins for ​nearly three years.

“The industry ⁠has continued to face a tough environment, but on the heels of this more favorable release, we might be seeing the tide changing,” Oppenheimer analyst ​Michael Wiederhorn said.

Insurers would also get a 2.5% benefit from a change to risk assessment payments related to health status, for a total increase of about 5%, a Medicare agency official said on Monday in a call with media.

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Welsh Government big win in legal challenge from Bristol Airport

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The Competition Appeal Tribunal has ruled that the Welsh Government’s £205m subsidy plans for Cardiff Airport are legal

Cardiff Airport

Cardiff Airport.(Image: Cardiff Airport)

The Welsh Government has seen off a legal challenge from Bristol Airport over plans to provide £205m of subsidy support to Cardiff Airport. The ruling is a major boost for the Rhoose-based airport as it seeks to expand its passenger numbers and grow non terminal related activities such as aviation training and attract more maintenance, repair and overhaul investment.

Following a two-day Competition Appeal Tribunal hearing in February Bristol Airport’s claim that the subsidy support to the Welsh Government-owned airport breached the Subsidy Control Act has been rejected in a judgment.

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The Welsh Government, which has already released the first tranche of £20m of subsidy support to the airport, has welcomed the decision in a ruling from the tribunal chaired by Ben Tidswell.

READ MORE: New HQ for housing association Hedyn in the centre of NewportREAD MORE: We need a new Welsh Development Agency and a radical approach to business support

Bristol unsuccessfully claimed, in a case brought against Welsh Government ministers, that the subsidy, planned over ten years, breached the the Subsidy Control Act on four grounds, including taxpayers’ money shouldn’t be provided to prop up what it described as an ailing business .

It also argued that the funding represents unprecedented state support for a UK airport and would put it at a commercial disadvantage relative to its nearest rival.

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On the issue of Cardiff Airport being a going concern, the judgment said: “The tribunal held that the respondent had considered the question expressly and had rationally concluded that CIAL (Cardiff International Airport) was not ailing or insolvent, principally because the extended standby credit facility (ESCF) provided liquidity support and ensured CIAL remained a going concern.

“The tribunal rejected Bristol’s argument that the ESCF should be disregarded, and found no irrationality in the respondent’s inquiry or conclusion.”

It also rejected Bristol’s claim that providing subsidy support to airlines to fly new routes out of Cardiff Airport was uncompetitive. Around half of the £205m has been earmarked to attract new airlines to Cardiff, but not for routes currently operated by Bristol.

The judgment concluded: “The tribunal held that none of the four grounds of challenge were made out. Accordingly, the appeal failed and the application for a declaration, quashing order and recovery order was dismissed.”

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Following the judgment the Welsh Government said: “We welcome the competition appeal tribunal ruling that our investment in Cardiff Airport is lawful and can continue on its current terms.

“From the outset we recognised the huge potential of the airport to deliver significant additional benefits for the people and economy of south Wales.

“The leadership team at the airport will continue to deliver the economic objectives set out in our investment strategy. With a more certain future following the determination of the tribunal, we look forward to seeing the airport build on recent successes, including securing the new WestJet route from Cardiff to Toronto and to deliver even more services and attract more business and job opportunities to the region.

“The airport, which recently celebrated a 9% growth in passenger numbers for last year, is looking forward to its busiest summer flying programme in many years, and we very much hope to see both Cardiff Airport and Bristol Airport continue to thrive and grow.”

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A spokesman for Bristol Airport said: “The competition tribunal heard significant concerns about the unprecedented £205m subsidy, which comes on the back of £181 million of taxpayers’ money that Cardiff Airport has already received. The subsidy will see Welsh taxpayers forking out around £71 for every single additional passenger flying out of Cardiff Airport.

“We’re disappointed that the tribunal feels that despite the burden being put on the taxpayer, the flexibility given by the Subsidy Control Act introduced after Brexit means that the subsidy can proceed. We’ll now take some time to study the decision in detail before deciding on our next steps.”

Bristol wouldn’t comment on whether it plans to appeal the ruling. The Welsh Government is now likely to seek recovery of its legal costs of around £2m.

Cardiff Airport achieved a near 10% rise in passengers last year but still remains well below its pre-pandemic level.

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The airport welcomed 963,000 passengers in 2025, up 9% on 2024, with a 4% rise in air traffic movements. The airport said the increase was supported by significant growth from Ryanair and TUI. Cargo volumes, supported by a new base from European Cargo, experienced a 7% increase .

It is also continuing to invest in route development, with further new services planned for this year and 2027. Prior to the pandemic it handled 1.6 million passengers in 2019.

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Workday’s Kazmaier sells $1.2m in shares

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Workday’s Kazmaier sells $1.2m in shares

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Out 4-6 Weeks With Grade 2 Oblique Strain

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Austin Reaves #15 of the Los Angeles Lakers

LOS ANGELES — Los Angeles Lakers guard Austin Reaves has been diagnosed with a Grade 2 left oblique muscle strain, sidelining the 27-year-old for the remainder of the 2025-26 regular season and casting serious doubt on his availability for the start of the NBA playoffs, dealing a major blow to a team already missing co-star Luka Dončić.

Austin Reaves #15 of the Los Angeles Lakers
Austin Reaves #15 of the Los Angeles Lakers

Reaves is expected to miss four to six weeks, according to multiple reports citing league sources. That timeline would keep the versatile scorer out through at least the early portion of the postseason, with the first round scheduled to begin April 18. Some medical experts suggest the recovery could stretch longer if rib cartilage is involved, while the minimum for a Grade 2 oblique strain is typically around three weeks.

The injury occurred during the Lakers’ lopsided 139-96 loss to the Oklahoma City Thunder on April 2. Reaves appeared to tweak his left side while reaching for a rebound in the first half but returned to finish the game, logging 27 minutes and scoring 15 points. He and Dončić, who suffered a Grade 2 hamstring strain in the same contest, both played through visible discomfort in what became a blowout defeat.

Lakers coach J.J. Redick later defended the decision to keep both players in the game, but faced criticism for potentially exacerbating the injuries in a non-competitive matchup. Reaves underwent an initial MRI in Dallas that reportedly scanned the wrong area, prompting a second imaging session on April 4 that confirmed the oblique strain. Redick expressed frustration with the diagnostic process, noting the Lakers had clearly specified the target area.

Reaves, often called “AR-15” by fans, has enjoyed a breakout 2025-26 season as one of the Lakers’ most reliable performers. Through 51 games, he averaged 23.3 points, 4.7 rebounds, 5.5 assists and shot 49% from the field while playing 34.5 minutes per night. His scoring, playmaking and clutch shooting made him a vital complement to LeBron James and the newly acquired Dončić in Los Angeles’ revamped lineup.

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The double blow of losing both Reaves and Dončić for the final stretch of the regular season has left the Lakers scrambling. The team announced Reaves would miss the remaining five regular-season games, with the finale set for April 12 against Utah. Los Angeles has already made roster adjustments, including a reported $18 million move to bolster depth amid the injury crisis.

Medical Outlook and Recovery Timeline

Sports medicine specialists describe oblique strains as particularly painful due to the muscle’s proximity to nerves and rib attachments. A Grade 2 strain involves a partial tear, with recovery complicated by the constant torso rotation required in basketball. NBA data shows less severe oblique injuries average about 17 days missed, while higher-grade cases can sideline players for up to nine weeks. For Reaves, the consensus projection of four to six weeks places his potential return somewhere in the first or second round of the playoffs — assuming the Lakers advance.

Dr. Evan Jeffries and other injury analysts have noted that rushing back too soon risks reinjury, drawing comparisons to similar cases like Luka Dončić’s current hamstring issue. Conservative management is expected, with Reaves focusing on rest, targeted rehabilitation and gradual return-to-play protocols under the Lakers’ medical staff.

Reaves has a history of playing through minor ailments, but this marks one of the more significant setbacks in his young career. The undrafted guard out of Oklahoma has steadily evolved into a cornerstone for the Lakers since joining the league in 2021, earning praise for his toughness, basketball IQ and improved three-point shooting.

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Impact on Lakers’ Playoff Hopes

The injuries come at a precarious time for Los Angeles. With Dončić already ruled out for the rest of the regular season and Reaves now joining him on the sideline, the Lakers must lean heavily on veterans like LeBron James and a supporting cast that includes role players stepping into larger minutes. Questions swirl about seeding, matchup advantages and whether the team can build enough chemistry without its two leading scorers.

Analysts describe the situation as “devastating” for playoff aspirations. Even if Reaves returns in late April or early May, he may require ramp-up time to regain full explosiveness and conditioning. The Lakers’ depth will be tested in what could be a grueling first-round series.

Reaves’ absence also complicates long-term roster planning. He is eligible for a significant contract extension or new deal in the coming offseason, with some projections linking him to a $241 million maximum-level agreement. His injury performance this season has only heightened his value, but any prolonged recovery could factor into negotiations.

LeBron James publicly expressed disappointment over the injuries to both Reaves and Dončić, highlighting the emotional toll on the locker room after what had been a promising stretch.

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Broader Context and Lakers’ Response

The Lakers have faced a season of highs and lows, including the high-profile acquisition of Dončić that reshaped expectations. Now, with key pieces sidelined, the focus shifts to resilience and opportunistic play from the supporting cast. Coach Redick has emphasized staying connected and preparing for every scenario as the team eyes a playoff berth.

Reaves has remained positive in public comments, expressing confidence in his teammates and a commitment to returning as strong as possible. He is expected to travel with the team and stay engaged in meetings and film study during rehabilitation.

NBA observers note that oblique injuries can be unpredictable, but modern sports science — including advanced imaging, regenerative therapies and individualized rehab programs — often helps players return closer to the optimistic end of timelines.

For now, the Lakers must navigate the final regular-season games and prepare for the postseason without two of their top offensive weapons. Whether Reaves can suit up for a deep playoff run remains uncertain, but his track record of toughness suggests he will push to rejoin the lineup at the earliest safe opportunity.

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The injury has sparked widespread discussion across NBA circles, with fans and analysts debating the decision to play both stars in a blowout and the broader implications for Los Angeles’ championship window. As the calendar turns toward the playoffs, all eyes will be on Reaves’ recovery progress and the Lakers’ ability to adapt.

Austin Reaves, a fan favorite known for his underdog story and clutch performances, faces his toughest test yet. Lakers supporters hope the “Hillbilly Kobe” can once again defy the odds when he returns to the court.

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Workday’s Duffield sells $13.9 million in stock

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Workday’s Duffield sells $13.9 million in stock

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UN envoy plans to visit Iran as part of peace effort

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UN envoy plans to visit Iran as part of peace effort


UN envoy plans to visit Iran as part of peace effort

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Ford recalls over 422,000 vehicles in the US over windshield wiper failure

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Ford recalls over 422,000 vehicles in the US over windshield wiper failure

Ford is recalling more than 422,000 vehicles in the U.S. over a windshield wiper failure, federal regulators said on Tuesday.

The recall includes Lincoln Navigator and Ford Expedition SUVs, as well as some F-series trucks, the National Highway Traffic Safety Administration (NHTSA) said. Specific vehicles that may be involved include the model year 2021-2023 Lincoln Navigator, 2021-2023 Ford Expedition, and the 2022-2023 Ford Super Duty.

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A total of 422,613 vehicles are subject to the recall, while the share of vehicles with the defect is estimated to be 3% of the recalled vehicles.

Windshield wiper arms may operate erratically or may break, causing the wipers to fail, according to NHTSA.

Ford Expedition pulling a boat.

A model year 2023 Ford Expedition. (Ford Motor Co.)

FORD RECALLS MORE THAN 83,000 VEHICLES OVER HEADLIGHT, ENGINE VALVE ISSUES

The safety agency noted that there may be a warning for drivers that the windshield wiper may fail, as drivers “may experience erratic wipe speed of the driver or passenger wiper arm.”

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“An improperly functioning or detached wiper arm may impair driver vision, increasing the risk of a crash,” NHTSA’s description of the defect said.

“The windshield wiper arm’s latch retention plate may have been incorrectly staked at the supplier. The latch retention plate keeps the arm head properly seated to the wiper arm. Additionally, the engagement between the knurl and wiper arm may be reduced due to dimensional variability. Proper knurl-to-arm head teeth engagement ensures robust wiper arm operation,” the agency said.

FORD RECALLS 1.74 MILLION VEHICLES DUE TO REARVIEW CAMERA BLACKOUTS, ISSUES

Production improvements at the supplier in December 2022 addressed issues that led to the defective wiper arms, which is why the recall is limited to vehicles made in a specific timeframe.

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A total of 422,613 vehicles are subject to the recall. (David Paul Morris/Bloomberg via Getty Images)

NHTSA’s recall report said that Ford isn’t aware of any accidents or injuries related to the wiper issue.

NHTSA said that the notification to dealers was expected to occur on April 1, with the mailing of notices to interim owners expected to begin on April 13 and be completed by April 17.

FORD RECALLS MORE THAN 615,000 VEHICLES OVER WIPER, DRIVESHAFT DEFECTS

Owners of potentially affected vehicles were expected to be able to search VINs as of April 1.

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F FORD MOTOR CO. 11.54 -0.07 -0.56%

The remedy for the issue is expected to include an inspection of windshield wipers and their potential replacement.

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Wiper arms that don’t pass the inspection will be replaced. The replacement wiper arms that are used in this process will be made with correct staking of the latch retention plate, and wiper arm splines within specifications, according to NHTSA.

Reuters contributed to this report.

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Khloud debuts protein chips

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Khloud debuts protein chips

The chips are available in three flavors.

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LARRY KUDLOW: A Bad Deal Today Would Mean a Bigger War Tomorrow

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LARRY KUDLOW: Trump Was Right About Tariffs

As a strong supporter of our great military’s Operation Epic Fury, and someone who has great faith in President Trump and his judgement, I do feel obliged to weigh in on the fact that any deal cobbled together too quickly runs the risk of making the next Iranian conflict more likely, not less. I’m worried that a poor deal today could mean a bigger war tomorrow. When I sat down with Mr. Trump for our interview eight weeks ago, I raised the concern that no one can ever believe anything Iran says.

As a former Reagan guy, I am always acutely sensitive to the Gipper’s phrase “trust but verify.” Over the past five decades, numerous American presidents have made deals with Iran that were never verified. International nuclear authorities have never been able to verify Iranian promises or activities. And, as Mr. Trump has said, the whole issue was boiled over with Iran’s shocking imminent nuclear threat with enriched uranium that is greater than anyone thought. And with intercontinental ballistic missile capability with a range that is longer than anyone thought. And once again, Iran is bottling up the Strait of Hormuz in an attempt for worldwide economic blackmail.

There’s so much that we don’t know yet regarding discussions that are mostly indirect. And even now it seems that Iran has cut off any communications with America. Yet just looking at the positions of the two sides, Iran wants an end to conflicts in the region, a protocol for safe passage through the Hormuz Strait, reparations and reconstruction, and lifting sanctions. That’s their position.

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Mr. Trump’s key points have been a complete end to all nuclear capabilities and facilities. No uranium enrichment on Iranian soil. Handing over Iran’s stockpile of enriched uranium to the international atomic energy agency, completely decommissioning and dismantling of their nuclear sites at Fordow, Isfahan, and Natanz sites. Plus a complete end to their state sponsorship of terrorism. And an end to supporting proxy terrorist groups. A dismantling of their ballistic missile programs. And reopening the Strait of Hormuz. In other words, the two sides remain monumentally far apart, as far as we know.

So, a deal looks to be impossible. A few quotes from Mr. Trump suggest that there is no deal. When reporter asked “if Iran does not meet your demands, Mr. President, are you willing to continue the war?” Mr. Trump replied: “We’ll you’ll have to watch.” The reporter followed up: “Are you committing …” Mr. Trump then responded: “The answer is yes, but you have to watch.” He added that “the entire country can be taken out in one night, and that night might be tomorrow night.” He said “we have, we have a plan, because of the power of our military, where every bridge in Iran will be decimated by 12:00 tomorrow night, where every power plant in Iran will be out of business, burning, exploding, and never to be used again. I mean, complete demolition by 12:00.”

Meanwhile, any talk of ceasefires or deal extensions should be rejected. This is Iran’s game. They have been playing it for decades. They love to string things along. They are experts at playing their adversaries. They love to stall. To postpone. To argue over location. Or who is invited to the high table. They’ve been doing this for so long, and I hope that Mr. Trump doesn’t let them get away with it. I doubt that he will, because he’s a man of action and instinct. He knows that letting Iran play these games with him, he will lose international respect. He knows that if he ever walked away without reopening Hormuz, it would make him look weak. And he is never weak. Ever. He is transparently a man of his word.

In all likelihood, a few ticks of the clock after 8 P.M. Eastern time will be met by the final war push by America and presumably Israel. Mr. Trump knows that at this moment, he can change history. He can end all of Iran’s capabilities: nuclear, terrorist, missiles, Hormuz, all of it. He can bring freedom and prosperity to the Middle East and the rest of the world. He can end a scourge of civilization. He can also become one of the greatest presidents in American history.

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Form DEF 14A Tempus AI Inc For: 7 April

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Form DEF 14A Tempus AI Inc For: 7 April

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Wayne-Sanderson Farms elevates two to executive posts

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Wayne-Sanderson Farms elevates two to executive posts

Aaron Leach to chief commercial and supply chain officer.

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