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Egg companies made $1.22 billion in profit off a $6 carton — now they’re buying their way out of a price-fixing case with 53 million donated eggs

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Egg companies made $1.22 billion in profit off a $6 carton — now they’re buying their way out of a price-fixing case with 53 million donated eggs

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Economists have found an answer to slowing cognitive decline: Avoid retiring early, study finds
Environmentclimate change

It’s too hot for 4th of July fireworks in some Missouri towns

By
Chris Morris
Chris Morris
Former Contributing Writer
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By
Chris Morris
Chris Morris
Former Contributing Writer
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June 30, 2023, 11:31 AM ET
Several Missouri cities have cancelled fireworks celebration due to drought and heat.
Several Missouri cities have cancelled fireworks celebration due to drought and heat.Joan Slatkin/UCG/Universal Images Group via Getty Images
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If you’re planning to have a July 4 cookout in Centrelia or Boonville, Mo. this year, that’s fine, but don’t plan on seeing any fireworks.

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A number of Missouri cities have cancelled their fireworks celebrations, as the state suffers from a drought, while extreme heat conditions are expected on the day.

Other activities, including town parades, are not currently affected. Some cities that have snuffed out the fireworks show say they’ll attempt to reschedule them at another date (in some cases as late as September), while others, such as the city of Eldon, have not yet decided it that will take place.

Parts of Missouri are in a state of “extreme drought,” according to the U.S. Drought Monitor, while much of the state is in a state of severe drought. Heat indexes are expected to reach as high as 110 degrees on Friday, per the National Weather Service. Temperatures are expected to moderate somewhat between now and Tuesday, but will still be in the mid-90s.

Forecasters warned going into this summer that this could be one for the record books, thanks to the formation of an El Nino, which is adjusting weather patterns around the country.

“We just had the eight warmest years on record, even though we had a cooling La Niña for the past three years and this acted as a temporary brake on global temperature increase,” said Petteri Taalas, secretary-general of the World Meteorological Organization (WMO), in a statement last month. “The development of an El Niño will most likely lead to a new spike in global heating and increase the chance of breaking temperature records.”

Subscribe to Fortune Gulf Brief. Every Tuesday, this new newsletter delivers clear-eyed, authoritative intelligence on the deals, decisions, policies, and power shifts shaping one of the world’s most consequential regions, written for the people who need to act on it. Sign up here.
About the Author
By Chris MorrisFormer Contributing Writer

Chris Morris is a former contributing writer at Fortune, covering everything from general business news to the video game and theme park industries.

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