COAL PROJECTS AD­VANCE IN WYO., MONT.

The Denver Post - - BUSINESS -

casper » U. S. of­fi­cials on Wed­nes­day cleared the way for a re­viewof two min­ing projects that would dig up 644 mil­lion tons of coal from pub­lic lands, de­spite a re­cent govern­ment mora­to­rium halt­ing fed­eral coal sales.

Wy­oming, Mon­tana and U. S. Bureau of Land Man­age­ment of­fi­cials ap­proved mov­ing for­ward with a mul­ti­year eval­u­a­tion of the projects next to mines in the Pow­der River Basin, the na­tion’s largest coal­pro­duc­ing re­gion.

The Jan. 15 mora­to­rium from the Obama ad­min­is­tra­tion al­lows coal sale ap­pli­ca­tions to be re­viewed but blocks their fi­nal ap­proval pend­ing a sweep­ing re­view of the fed­eral coal pro­gram, ex­pected to take three years.

Shell share­hold­ers back deal to buy ri­val BG

B lon­don » Royal Dutch Shell share­hold­ers over­whelm­ingly backed the $ 49 bil­lion bid to buy BG Group de­spite a slide in oil prices that has had some crit­ics won­der­ing about the wis­dom of the megadeal. More than 80 per­cent of share­hold­ers ap­proved the moveWed­nes­day. The deal will boost Shell’s oil and gas re­serves by 25 per­cent and in­crease its pres­ence in the fast- grow­ing liq­ue­fied nat­u­ral gas mar­ket.

An­other death re­ported in­volv­ing Takata air bag

B detroit » An­other death has been re­ported in a crash that in­volved an ex­plod­ing Takata air bag in­fla­tor, but it’s un­clear whether the in­fla­tor killed the per­son. The driver of a 2007 Honda Civic died last year in In­dia, ac­cord­ing to Takata doc­u­ments posted Wed­nes­day by the U. S. Na­tional High­way Traf­fic Safety Ad­min­is­tra­tion.

An­them Q4 profit falls.

An­them’s fourth- quar­ter earn­ings tum­bled 64 per­cent as the health in­surer ab­sorbed some siz­able ex­penses and booked fewer cus­tomers than it ex­pected through the Af­ford­able Care Act’s pub­lic in­sur­ance ex­changes.

The Blue Cross Blue Shield in­surer con­tin­ued to ex­pand its busi­ness from govern­ment pro­grams such asMed­i­caid and reaf­firmed its fore­cast for the new year. Over­all, fourthquar­ter earn­ings to­taled $ 180.9 mil­lion, down from $ 506.7 mil­lion in the pre­vi­ous year’s quar­ter.

Face­book de­liv­ers record rev­enue. Face­book de­liv­ered

an­other quar­ter of record rev­enue that topped es­ti­mates as it sells more ads via videos, mo­bile devices and In­sta­gram, send­ing its shares up more than 8 per­cent. Fourth- quar­ter sales rose to $ 5.84 bil­lion, com­pared with the $ 5.37 bil­lion av­er­age an­a­lyst pro­jec­tion, ac­cord­ing to data com­piled by Bloomberg.

Blood- test­ing startup Ther­a­noswarned.

Fed­eral reg­u­la­tors is­sued awarning to blood- test­ing startup Ther­a­nos, say­ing some of the Sil­i­con Val­ley com­pany’s test­ing pro­ce­dures do not meet stan­dards to pro­tect pa­tients.

In­spec­tors for the Cen­ters forMedi­care andMed­i­caid Ser­vices sent a let­ter to Ther­a­nos, cit­ing five de­fi­cien­cies at a lab­o­ra­tory run by the pri­vately held com­pany. In the Jan. 25 let­ter, in­spec­tors say that some of the prob­lems “pose im­me­di­ate jeop­ardy to pa­tient health and safety.”

Founded by CEO El­iz­a­beth Holmes, Ther­a­nos has raised mil­lions by pitch­ing its tech­nol­ogy as a cheaper, faster way to run dozens of blood tests.

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