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USNN World News
Real News, Real Time

India and Pakistan Agree to US-Mediated Cease-Fire
Posted inWorld

India and Pakistan Agree to US-Mediated Cease-Fire

USNN World Newsby USNN World NewsMay 10, 2025June 6, 2025
Ukraine and Allies Call on Russia to Accept US Cease-Fire Proposal
Posted inWorld

Ukraine and Allies Call on Russia to Accept US Cease-Fire Proposal

USNN World Newsby USNN World NewsMay 10, 2025May 10, 2025
Judge Warns Trump’s Order May Violate Previous Ruling on Sanctuary Cities
Posted inImmigration

Judge Warns Trump’s Order May Violate Previous Ruling on Sanctuary Cities

USNN World Newsby USNN World NewsMay 10, 2025May 10, 2025
Warriors’ Steph Curry Addresses Hamstring Injury: ‘Hopefully I’ll Be Back Soon’
Posted inSports

Warriors’ Steph Curry Addresses Hamstring Injury: ‘Hopefully I’ll Be Back Soon’

USNN World Newsby USNN World NewsMay 9, 2025May 9, 2025
Ravens Release Justin Tucker, NFL’s All-Time Most Accurate Field Goal Kicker
Posted inSports

Ravens Release Justin Tucker, NFL’s All-Time Most Accurate Field Goal Kicker

USNN World Newsby USNN World NewsMay 9, 2025May 9, 2025
US Could Hit Debt Limit in August, Bessent Says
Posted inNational News

US Could Hit Debt Limit in August, Bessent Says

USNN World Newsby USNN World NewsMay 9, 2025October 25, 2025
Japanese electronics manufacturer Panasonic plans to terminate 10,000 workers globally as part of a reform to resolve “structural issues,” the company said in a May 9 statement. The layoffs target 5,000 Japanese employees and 5,000 overseas workers at Panasonic’s consolidated companies. Job cuts are set to be implemented mainly in fiscal year 2026, “in accordance with the labor laws, rules, and regulations of each country and region.” “The company will thoroughly review operational efficiency at each Group company, mainly in sales and indirect departments, and reevaluate the number of organizations and personnel actually needed,” said the statement. Story continues below advertisement Panasonic will also terminate loss-making businesses that have “no prospect of improving profit.” “Through these measures, the company will optimize our personnel on a global scale,” it said. The layoffs are part of Panasonic’s broader management reform. The company is banking on these measures in fiscal 2026 to “resolve its various structural issues.” Related Stories Homes for Sale in Washington Surge 25 Percent Amid Federal Layoffs 5/8/2025 Homes for Sale in Washington Surge 25 Percent Amid Federal Layoffs Layoffs Drop, Jobless Claims Climb Ahead of April Jobs Report 5/1/2025 Layoffs Drop, Jobless Claims Climb Ahead of April Jobs Report The management reform seeks to improve profit by a minimum of 150 billion yen—roughly $1 billion—in fiscal year 2027 compared to fiscal 2025. For the current fiscal year 2026, Panasonic expects structural reforms to cost the company 130 billion yen, approximately $900 million. In an April 10 statement, Yuki Kusumi, the CEO of Panasonic Group, highlighted the need to change the organizational culture in the company. “There is a deep-rooted tendency toward following the established framework once a decision has been made. If we are going to improve the efficiency and quality of our work, then we must become an organization that is constantly changing, with each individual taking the initiative to make changes,” he said. “I believe we need to advance to the stage where change is considered a virtue. To achieve this, it is extremely important that we avoid being constrained by deeply ingrained behaviors.” The layoff announcement came on May 9 as Panasonic reported its consolidated financial results for fiscal year 2025, which ended on March 31. Story continues below advertisement Sales were at 8,458.2 billion yen, approximately $58 billion, down 0.5 percent from a year ago, which was partly due to the impact of deconsolidation in the company’s automotive segment, said the earnings report. Operating profit jumped 18 percent year-over-year, partly due to higher sales. According to Panasonic, the global economy experienced a gradual slowdown during the fiscal year ending March 31. For fiscal year 2026, net sales are expected to decrease, with operating profit also forecast to fall. Potential impacts of tariffs from the United States were not included in the forecast. “The company continues to monitor the tariff situation and aims to minimize the resulting impact by taking measures from both short-term and medium- to long-term perspectives,” Panasonic said. In January, Panasonic Well, a division of the company, announced a plan to create “the first comprehensive wellness ecosystem” for families. “Families are at their breaking point as chronic stress, disconnection, and fragmented wellness solutions are taking a toll, and the call for help is loud and clear,” the company said. Panasonic’s wellness solution is expected to aid families in dealing with wellness issues and “help modern families thrive.”
Posted inEconomy

Panasonic Announces 10,000 Layoffs Worldwide

USNN World Newsby USNN World NewsMay 9, 2025May 9, 2025
DHS Says House Democrats and Protesters ‘Stormed’ ICE Detention Center
Posted inNational News

DHS Says House Democrats and Protesters ‘Stormed’ ICE Detention Center

USNN World Newsby USNN World NewsMay 9, 2025August 20, 2025
FEMA Confirms Acting Administrator Hamilton Has Been Replaced
Posted inNational News

FEMA Confirms Acting Administrator Hamilton Has Been Replaced

USNN World Newsby USNN World NewsMay 9, 2025August 19, 2025
Sheriff Scheffler’s Seismic Resurgence: First 2025 Win Secured, PGA Championship Looming
Posted inSports

Sheriff Scheffler’s Seismic Resurgence: First 2025 Win Secured, PGA Championship Looming

USNN World Newsby USNN World NewsMay 8, 2025May 8, 2025
Trump Says Upcoming US–China Trade Talks Could Result in Tariff Reductions
Posted inWorld

Trump Says Upcoming US–China Trade Talks Could Result in Tariff Reductions

USNN World Newsby USNN World NewsMay 8, 2025May 8, 2025
Cox Automotive Says Tariffs Impacted Wholesale Used Car Prices in April
Posted inEconomy

Cox Automotive Says Tariffs Impacted Wholesale Used Car Prices in April

USNN World Newsby USNN World NewsMay 8, 2025May 12, 2025

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NATIONAL NEWS

  • Michigan, Arizona Public Hearings Shed Light on Election IrregularitiesMichigan, Arizona Public Hearings Shed Light on Election Irregularities
    By Bowen Xiao Public hearings conducted in Arizona and Michigan this week have shed light on a myriad of election irregularities as Republican lawmakers in ...
  • 2020 Election Boosts GOP State Legislator Advantage by 67 Percent2020 Election Boosts GOP State Legislator Advantage by 67 Percent
    By Petr Svab Republicans expanded their control of state legislatures in the 2020 election, flipping both chambers in one state while gaining more than 160 ...
  • Pennsylvania Lawmakers See ‘Constitutional Crisis’ Over Election CertificationPennsylvania Lawmakers See ‘Constitutional Crisis’ Over Election Certification
    By Charlotte Cuthbertson Republicans in the Pennsylvania Legislature are looking at every legal avenue that would reclaim their authority over election procedures and dispute the ...
  • Florida Governor Calls on Congress to Pass Unemployment ReliefFlorida Governor Calls on Congress to Pass Unemployment Relief
    By Isabel Van Brugen Florida Gov. Ron DeSantis has called on Congress to provide more aid for people who were made unemployed due to the ...
  • Powell: Dominion Server Removed From Fulton County While Lawyers Sought Restraining OrderPowell: Dominion Server Removed From Fulton County While Lawyers Sought Restraining Order
    By Ivan Pentchoukov Attorney Sidney Powell said on Monday that someone had removed a Dominion Voting Systems server from a recount center in Fulton County, Georgia. “Someone went down to ...
  • Fulton County ‘Cut Corners’ in 2nd Recount: Georgia Secretary of StateFulton County ‘Cut Corners’ in 2nd Recount: Georgia Secretary of State
    By Zachary Stieber Georgia’s most populous county “cut corners” during the second recount of the Nov. 3 election, the official overseeing the state’s elections said Tuesday. “Us and ...
  • Michigan Poll Observer: Military Ballots Looked Like ‘Xerox Copies,’ All for BidenMichigan Poll Observer: Military Ballots Looked Like ‘Xerox Copies,’ All for Biden
    By Jack Phillips A woman who said she was a poll observer at the TCF Center in Detroit on Election Day testified in front of ...
  • Trump Ballots Defaulted and Switched to Biden Votes on Dominion System: Maricopa GOP ChairwomanTrump Ballots Defaulted and Switched to Biden Votes on Dominion System: Maricopa GOP Chairwoman
    By Isabel Van Brugen Maricopa County GOP chairwoman Linda Brickman on Nov. 30 testified before members of the Arizona State Legislature that she personally observed votes for President Donald Trump being ...
  • Illegal Money-for-Votes Raffles Conducted in Several States in 2020 ElectionIllegal Money-for-Votes Raffles Conducted in Several States in 2020 Election
    By Ivan Pentchoukov The Nevada Native Vote Project posted photos on Facebook on Election Day of smiling voters holding $25 gift cards after handing over their ballots. The ...
  • Up to 280,000 Ballots ‘Disappeared’ After Trip to Pennsylvania From NY: Amistad Project DirectorUp to 280,000 Ballots ‘Disappeared’ After Trip to Pennsylvania From NY: Amistad Project Director
    By Jack Phillips As many as 288,000 ballots for the 2020 U.S. election “disappeared” in Lancaster, Pennsylvania, after being transported by truck from New York, according to ...
  • Michigan House Speaker: Rudy Giuliani to Testify to Michigan State HouseMichigan House Speaker: Rudy Giuliani to Testify to Michigan State House
    By Jack Phillips President Donald Trump’s lawyer Rudy Giuliani will testify in front of the Michigan State House, according to House Speaker Lee Chatfield. Chatfield, a Republican, wrote Tuesday that ...
  • McEnany: Watch Nevada as Trump Campaign Deposes WitnessesMcEnany: Watch Nevada as Trump Campaign Deposes Witnesses
    By Zachary Stieber A President Donald Trump campaign adviser said Monday that people should watch Nevada this week as the campaign prepares to depose witnesses in an ...
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