Across Europe, heatwaves are becoming more frequent, lasting longer, and pushing temperatures into the triple digits in some places. The heat has been slowing trains, straining power grids, and making it harder for people to work. All of this comes at an economic cost. This morning, we'll unpack. Then, private equity-backed firms now own about one in 10 U.S. community hospitals, but takeovers don't guarantee profits. We'll hear about one private equity-backed hospital chain becoming a nonprofit.Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.Marketplace Morning Report is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.Stories featured in this episode:The economic costs of Europe's heatwavesQuorum Health, a private equity-backed hospital chain, is going nonprofit

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“What did the council decide on item 42?” — answered with the speaker and the moment.