Bloomberg Elenia Oy’s owners are preparing to kick off a sale that could value Finland’s second-largest power distributor at as much as 3 billion euros ($3.5 billion), restarting a process that was delayed last year, people with knowledge of the matter said. The utility has sent out teasers and senior executives are planning to meet with potential suitors in Asia …

Bloomberg Hydro One Ltd. fell the most in eight months after agreeing to buy US power supplier Avista Corp. in a $3.4 billion deal that analysts said is too costly and exposes the Canadian energy company to regulatory hassles. The merger will add Avista’s energy production and distribution operations in Washington, Idaho, Oregon and Alaska to Hydro One’s transmission network …

House Republicans, who are now deliberating the government’s 2018 budget, pledge to eliminate deficits within a decade. Well, good luck with that. It must be obvious that chronic deficits reflect a basic political impasse that can be broken only if majorities in Congress do things they’ve refused to do: trim Social Security benefits; raise taxes significantly; control health spending. There …