According to Reuters, Starbucks (SBUX) is close to a settlement with the Ethiopian government over trademarking the country’s coffee beans.

Reuters writes that Hutchison Whampoa Ltd narrowed its loss on better results from its 3G cell phone operations.

Reuters writes that Yahoo! (YHOO) has hired a executive to help cut online ad fraud.

Reutes writes that Mazda has set a goal of raising its operating profit 27% by 2010.

Reuters writes that Wal-Mart (WMT)  has launched bonus and incentive plans for its employees.

The Wall Street Journal writes that Motorola (MOT) will post a first quarter loss and revised down its 2007 revenue targets.

The Wall Street Journal reports that Borders (BGP) will open its own e-commerce site and end an alliance with Amazon (AMZN). It will also close a number of stores.

The Wall Street Journal also reports that Paul McCartney will join Starbucks (SBUX) new record label.

The WSJ also writes that Fedex (FDX) results were hurt by a slowing economy.

The New York Times reports that earnings at Morgan Stanley (MS) rose sharply in the last quarter.

The NYT writest that, after a sell-off, Chinese stocks are back at an all-time high.

The FT writes that Japan’s trade surplus grew unexpectly in a hopeful sign for its corporate sector.

Barron’s writes that Apple’s (AAPL) new TV set-top will not do well according to industry expert Phil Swann.

Douglas A. McIntyre

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.