Lexington announces third wave of medical debt relief

The Lexington-Fayette Urban County Council announced a third round of medical debt for more than 2,000 residents. The debt is erased in partnership with Undue Medical Debt, a nonprofit organization that erases medical debt. It eliminates debt by acquiring it from groups like hospitals and debt collectors. The debt relief efforts started with council approval…

Oracle Q4 earnings and revenue top estimates; hyperscaler plans more debt issuance to support massive capex push

Oracle reported fiscal fourth-quarter earnings on Wednesday against a backdrop of fresh AI jitters, fueled by conservative Broadcom guidance and macro pressure from hawkish jobs and inflation data. It also said it would issue tens of billions more in debt or equity to fund its AI infrastructure push. The database software company turned hyperscaler posted…