GDP jump

The US economy ex panded at a 5.9 percent annual rate in the fourth quarter, the Commerce Department said in its first revision of the fig ures. The rise reflected stronger business invest ment and a greater con tribution from inves tories.

Fannie loss

Mortgage finance com pany Fannie Mae re ported a $74.4 billion loss for 2009. It said it will seek an additional $15.3 billion in aid from the US Treasury, bring ing its total aid to more than $75 billion.

Bottle biz

PepsiCo closed the deal to buy its two biggest bottlers yesterday — a move that’s expected to shake up the beverage in dustry. The $7.8 billion buyout of Pepsi Bottling Group and PepsiAmeri cas will allow the nation’s second-largest drink maker to try out more new products and get them to market more quickly.

Safety recall

A belt-worn breath ing device that coal miners count on to save their lives during fires, explosions and entrap ments was voluntarily recalled yesterday be cause of a problem with the oxygen starter.