How this is intended to help you edit:

1. Original, relevant information about a current event that you have actually witnessed, documented, or researched

This is our "prime" category and when done right justifies the Good Stuff flag. If a story is deficient in having any real connection with a Current Event (or important phenomenon) it is not news. It may Need Improvement (replacing our current Incomplete flag) or it might be Fishy (was: Inauthentic). 

2. New information you have collected, arranged, and contextualized about a current event

This is the 'permission' category for those who use Highlight properly. It set out the circumstances in which quoted material is enhanced and made meaningful. Done properly it also deserves the Good Stuff flag. If a contributor uses Highlight and has not included stuff that has been meaningfully arranged and contextualized, it might be flagged Needs Improvement with reasons / examples given.

3. Commentary, advice or analysis directly related to a current event

We've gone around on this a fair bit and identified  two main issues we've been running into: opinion-type items (sometimes reminiscences)  that are not connected to a current event; and loads of consumer advice that mainly drives SEO plays (consumer debt, health issues, product promotions, etc.). 

And yet advice is often included in mainstream news. "10 ways to make sure your insurance covers flooding". The real dividing line is that when traditional news does it, usually it is in the wake of something like Hurricane Katrina. So we're back to our touchstone of "current events."