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Weird Weather Hits Utility Profits and a Blistering Summer Is Little Help

(Bloomberg) Abnormal weather this past winter and spring has put a major dent in US utilities’ earnings — an impact so severe that even a scorching summer likely won’t be enough to erase it. Most Read from BloombergUS Bank Shares Drop as Moody’s Cuts Ratings, Warns on RisksWall Street WhatsApp, Texting Fines Exceed $2.5 BillionMusk Says He May Need Surgery, Will Get MRI on Back and NeckThe Global South Breaks Away From the US-Led World OrderBillionaire Desmarais Family Quietly Reshapes a Fina

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