AN­A­LYSTS: STOCK RECORDS DUE TO MORE THAN TRUMP

The Denver Post - - BUSINESS - — The As­so­ci­ated Press

The stock mar­ket has never been higher, and Pres­i­dent Don­ald Trump would like more peo­ple to pay at­ten­tion.

“Stock Mar­ket could hit all-time high (again) 22,000 to­day,” Trump tweeted Tues­day about the Dow Jones in­dus­trial av­er­age, be­fore it ended the day at a record 21,963.92. “Was 18,000 only 6 months ago on Elec­tion Day. Main­stream me­dia sel­dom men­tions!”

The 18,000 fig­ure he cited was in­ac­cu­rate: The Dow closed at 19,890.94 six months ago. It was at 18,332.74 on Elec­tion Day, nearly nine months ear­lier.

An­a­lysts say credit for the gains of the last few months should go to stronger prof­its for com­pa­nies at home and im­prov­ing economies abroad, not just to hopes for Trump’s pres­i­dency.

Trump says Fox­conn may in­vest $30 bil­lion.

WASH­ING­TON»

Pres­i­dent Don­ald Trump men­tioned Tues­day that Fox­conn’s chair­man told him in con­fi­dence the elec­tron­ics gi­ant’s in­vest­ment could reach $30 bil­lion, triple the size of last week’s deal with Wis­con­sin that some al­ready viewed as op­ti­misti­cally in­flated.

Trump made the com­ments while ad­dress­ing small-busi­ness lead­ers at the White House. He didn’t elab­o­rate on how the fig­ure could grow so high or even clar­ify whether he was re­fer­ring to just Wis­con­sin or na­tion­wide — in­clud­ing in­vest­ments in other plants not yet an­nounced.

Fox­conn of­fi­cials didn’t im­me­di­ately re­spond to a re­quest for com­ment.

Cus­tomers stuck with bill for closed nu­clear re­ac­tors.

COLUMBIA, S.C.

» Cus­tomers who have helped foot a multi­bil­lion-dol­lar bill for two new nu­clear re­ac­tors won’t see a dime in re­funds even though the pro­ject has been aban­doned.

South Carolina Elec­tric & Gas cus­tomers have been pay­ing for the re­ac­tors since 2009. SCE&G and state-owned San­tee Cooper de­cided Mon­day to scut­tle their pro­ject at V.C. Sum­mer Nu­clear Sta­tion north of Columbia af­ter years of de­lays and cost over­runs and the bank­ruptcy of its main con­trac­tor.

De­lib­er­a­tions con­tinue in Shkreli trial.

Ju­rors have de­lib­er­ated for a sec­ond day at the fed­eral se­cu­ri­ties fraud trial of for­mer phar­ma­ceu­ti­cal com­pany CEO Martin Shkreli.

They got the case Mon­day in New York. De­lib­er­a­tions re­sume Wed­nes­day.

Pros­e­cu­tors say Shkreli looted his drug com­pany to pay back in­vestors in two failed hedge funds he ran. The de­fense says in­vestors got their orig­i­nal in­vest­ments back and even made hefty prof­its.

The for­mer biotech CEO — nick­named “Pharma Bro” — is best known for hik­ing up the price of a life-sav­ing drug and trolling crit­ics on so­cial me­dia.

Mon­tana gets money to re­train coal work­ers.

MONT.» The U.S. HE­LENA, gov­ern­ment awarded $4.6 mil­lion in aid on Tues­day to re­train hun­dreds of Mon­tana coal work­ers, many of whom will soon be out of jobs be­cause of a par­tial clo­sure of the coal­fired Col­strip power plant.

15 states ap­peal EPA de­lay of stricter air stan­dards.

WASH­ING­TON» At­tor­neys gen­eral from 15 states and the District of Columbia are su­ing over the Trump ad­min­is­tra­tion’s de­lay of Obama-era rules re­duc­ing emis­sions of smog-caus­ing air pol­lu­tants. The states have pe­ti­tioned the U.S. Court of Ap­peals for the D.C. Cir­cuit to over­turn En­vi­ron­men­tal Pro­tec­tion Agency Ad­min­is­tra­tor Scott Pruitt’s ex­ten­sion of dead­lines to com­ply with the 2015 Ozone Na­tional Am­bi­ent Air Qual­ity Stan­dards.

Colorado was not one of the states.

Costco co-founder dies.

Costco Whole­sale Corp. an­nounced the death early Tues­day of its co-founder and board chair­man Jeff Brot­man.

No other de­tails were pro­vided.

Brot­man opened Costco’s first ware­house with Jim Sine­gal in 1983 in Seat­tle.

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