Bloomberg US utility owners from Duke Energy Corp. to NextEra Energy Inc. are warning investors that their earnings may take a hit from tax reforms being floated in Washington. At risk is a provision corporations have enjoyed for years. It gives utilities the right to deduct what can be considerable tax expenses because of the billions of dollars of …

  Bloomberg Chancellor of the Exchequer Philip Hammond received a pre-budget boost as Britain posted the biggest surplus for any January since at least 2001. The 9.4 billion-pound ($11.7 billion) surplus compared with 9.1 billion pounds a year earlier, the Office for National Statistics said Tuesday. Revenue rose 5.3 percent and spending increased 5.4 percent. The figures are restated going …

  Bloomberg Air France pilots approved the carrier’s plan to carve out a new, lower-cost business to counter increasing pressure from rivals, marking a rare agreement with workers after years of contentious labor relations at the carrier. Flight-deck employees represented by the SNPL union, who account for two-thirds of pilots at the French arm of Air France-KLM Group, voted 58.1 …