Boeing, gone

Boeing said it plans to cut 10,000 jobs, or more than 6 percent of its workforce, including 4,500 that were previ ously announced. The new target was disclosed on a conference call after the company reported a net loss of $56 million after a year-earlier profit and said 2009 earnings will be lower than anal ysts predicted.

Ford loss

Ford will report a fourth-quarter loss today that caps its sec ond- worst year and may move the auto maker closer to seeking government aid. Ford lost $3.48 billion, or $1.34 a share, in the quarter, according to the average estimate of three anal ysts surveyed by Bloom berg. That would bring Ford’s loss for the year to $12.3 billion, second only to the $12.6 billion it lost in 2006.

UBS bonuses

UBS AG, the European bank with the highest losses from the credit crisis, cut its bonus pool for 2008 by more than 80 percent, excluding brokers in the US. The pool will be less than 2 billion Swiss francs ($1.75 billion), based on the 9.5 billion francs UBS has said previously it paid out for 2007.

Rubin rule

Robert Rubin, who quit his post as senior counselor at Citigroup this month, said the “mark-to-market” ac counting rule has “done a great deal of damage.” Rubin proposed a “re serve” accounting stan dard, under which as sets like loans are carried at cost, offset by reserves for poten tial losses.