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Boeing to cut jobs in commercial airplane unit

Boeing did not set a time frame for job cuts and said the number "will depend on how effectively we bring down costs as a whole."
Source: Reuters
Facebook's roadblock in India  

Facebook's, Mark Zuckerberg, works to rebuild Indian relations after its "free basic" program was banned and came under fire from unwanted remarks made by Mark Andreessen.
Why Silicon Valley unicorns and seedlings are so uptight now

Silicon Valley start-ups are tightening their belts as VCs pull back funding for all but the biggest unicorns and smallest seedlings.
Top VC Andreessen under fire over India comments

Facebook chief Mark Zuckerberg has denounced comments made by key investor Marc Andreessen that appeared to support the colonization of India.
Source: | By: Saheli Roy Choudhury
UPDATE 2-Boeing says it will cut commercial airplane jobs to reduce costs

SEATTLE, Feb 10- Boeing Co said on Wednesday it will cut jobs at its commercial airplane unit, addressing intense pressure to lower costs to compete with rival Airbus even as the aviation industry booms. Boeing Commercial Airplanes Chief Executive Ray Conner announced the move in an employee webcast after the world's biggest aircraft maker saw sales fall and...
Source: Reuters | By: Alwyn Scott
The Latest: Backers urge California coast panel to keep exec

LOS ANGELES— The Latest on a proposal by the powerful California Coastal Commission to fire its top executive. Hundreds of people packed a meeting Wednesday of the 12- member California Coastal Commission, which is considering whether to replace Executive Director Charles Lester. The 12- member California Coastal Commission is expected to consider the...
Source: The Associated Press
Whole Foods earnings beat, stock briefly rises 6%

Whole Foods reported quarterly earnings and revenue that beat analysts' expectations on Wednesday.
Source: | By: Sarah Whitten
Yellen draws lawmaker fire for Fed policy to pay banks

SAN FRANCISCO, Feb 10- Interest payments that Federal Reserve Chair Janet Yellen calls "critical" to the U.S. central bank's conduct of monetary policy came under fire on Wednesday from lawmakers, raising questions about new potential political hurdles ahead for the Fed. In an unusual display of bipartisanship, Jeb Hensarling, the Republican who chairs the...
Source: Reuters | By: Ann Saphir
Backers urge powerful California coastal panel to keep exec

LOS ANGELES— The powerful agency that manages development on California's coastline considered whether to fire its chief executive Wednesday as it faced a packed room of sign-holding supporters who want him kept on the job. Hundreds of people filled a meeting room to capacity, with scores more outside, in what amounted to a striking show of support for Charles...
Source: The Associated Press
Viacom CEO paid more than you think: Expert

The amount of money Philippe Dauman has earned at the helm of the media giant is a lot higher than some reports suggest.
Source: | By: Mary Thompson