Business briefs
Stock drop
US stocks fell in a broad market sell-off yesterday, led by a sharp fall in Apple shares on worries about slowing demand for its products and weaker-than-expected Bank of America results.
Ship shape
Carnival, the cruise operator beset by mishaps this year, said it will spend $600 million to $700 million on fire protection and backup systems across its entire 101-ship fleet.
Icahnic letter
Billionaire investor Carl Icahn is asking Transocean’s board to “clarify and support” its assertions that the company has produced above-average shareholder returns, calling recent presentation materials “inaccurate” in a letter to shareholders yesterday.
EBay slide
EBay shares fell 2.5 percent to $54.70 in after-hours trading yesterday following its disappointing earnings forecast for the second quarter.
Gmail glitch
Google said it’s investigating a service outage that has made several online applications, including Gmail, unavailable to some users yesterday.

