Business briefs
Whisky go go
The makers of Jack Daniel’s whiskey will spend more than $100 million to increase production to satisfy a growing thirst for the Tennessee whiskey.
Bank debt fret
Moody’s may cut debt ratings on at least four of the six largest US banks because the government may be less likely to ensure their survival in a crisis.
Tesla expands
Tesla Motors CEO Elon Musk said the electric-car maker intends to add factories in Europe and Asia as it plans a mass-market battery car.
Trades caught
The NYSE Euronext’s Amex options exchange canceled most of the errant Goldman Sachs trades that buffeted markets Tuesday morning, the Wall Street Journal reported.
Fixed rates up
Average rates for fixed mortgages rose this week to their highest levels in two years, driven by speculation that the Fed will slow its bond purchases later this year.
Carl, Tim talk
Carl Icahn revealed in a tweet that he has spoken again with Apple’s Tim Cook and plans a longer discussion with him about the size of the iPhone maker’s buyback program.
‘Hain’ heaven
Hain Celestial soared 11 percent to $80.89 after the Long Island-based health food company beat estimates and its revenue jumped more than 37 percent.

