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Real News, Real Time

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
What We Know About the India–Pakistan Conflict
Posted inWorld

What We Know About the India–Pakistan Conflict

USNN World Newsby USNN World NewsMay 8, 2025June 26, 2025
Robert Francis Prevost Elected as First American Pope
Posted inBreaking News

Robert Francis Prevost Elected as First American Pope

USNN World Newsby USNN World NewsMay 8, 2025May 8, 2025
Police Arrest Pro-Palestinian Protesters Occupying Columbia University Library
Posted inBreaking News

Police Arrest Pro-Palestinian Protesters Occupying Columbia University Library

USNN World Newsby USNN World NewsMay 8, 2025May 26, 2025
Trump Announces ‘Full And Comprehensive’ Trade Agreement With UK
Posted inBreaking News

Trump Announces ‘Full And Comprehensive’ Trade Agreement With UK

USNN World Newsby USNN World NewsMay 8, 2025June 7, 2025

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NATIONAL NEWS

  • Trump takes press to task for skipping over Hunter Biden scandalsTrump takes press to task for skipping over Hunter Biden scandals
    By Edmund DeMarche | Fox News President Trump on Sunday may have shown a preview of this week’s upcoming presidential debate when he asked reporters at the ...
  • Wildfire erupts in California’s Napa County, emergency evacuations over ‘dangerous rate of spread’Wildfire erupts in California's Napa County, emergency evacuations over 'dangerous rate of spread'
    By Travis Fedschun | Fox News The Glass Fire near St. Helena has consumed at least 800 acres. Mandatory evacuations were issued Sunday morning in areas of Northern California after a fast-moving wildfire erupted ...
  • Trump calls for Biden to take a drug test before upcoming presidential debateTrump calls for Biden to take a drug test before upcoming presidential debate
    By Danielle Wallace | Fox News Trump said Biden’s past debate performances have been ‘record setting UNEVEN’. President Trump said Sunday that he demanded his Democratic opponent Joe Biden take a drug ...
  • Pelosi doubles down that Biden shouldn’t debate Trump: ‘Why bother?’Pelosi doubles down that Biden shouldn't debate Trump: 'Why bother?'
    By Megan Henney | Fox News House Speaker Nancy Pelosi on Friday doubled down on her argument that Democratic presidential nominee Joe Biden should not debate President Trump, claiming the Republican incumbent ...
  • LA police detain, release driver after vehicle plows into protesters; at least 1 injured: reportLA police detain, release driver after vehicle plows into protesters; at least 1 injured: report
    By David Aaro | Fox News Later, another vehicle approached the same protesters, reports said. At least one person was taken to a hospital Thursday night after multiple vehicles ...
  • Breonna Taylor shooting: Video purportedly shows tense moments after officer was struck by gunfireBreonna Taylor shooting: Video purportedly shows tense moments after officer was struck by gunfire
    By Greg Norman | Fox News Sgt. Jonathan Mattingly was not indicted by a grand jury following Taylor’s death. A new video has emerged purportedly showing the tense ...
  • Republicans on North Carolina Board of Elections resign after mail-in ballot changesRepublicans on North Carolina Board of Elections resign after mail-in ballot changes
    By Evie Fordham | Fox News Gov. Roy Cooper, a Democrat, can nominate their replacements. Both Republicans on the five-person North Carolina State Board of Elections submitted their resignations on Wednesday night, ...
  • Trump says Biden ‘should leave the campaign’ after Senate GOP report on Hunter Biden’s business dealingsTrump says Biden 'should leave the campaign' after Senate GOP report on Hunter Biden's business dealings
    By Brooke Singman | Fox News The president made the comments during an interview on ‘The Brian Kilmeade Show’. President Trump on Thursday said his Democratic opponent Joe Biden “should leave ...
  • Breonna Taylor protests: Suspect accused of shooting cops ID’d as Louisville sees nearly 100 arrests after grand jury decisionBreonna Taylor protests: Suspect accused of shooting cops ID’d as Louisville sees nearly 100 arrests after grand jury decision
    By Danielle Wallace | Fox News No update was provided on the two officers wounded during demonstrations. The Louisville Metro Police Department announced Thursday nearly 100 arrests were made overnight amid demonstrations following a ...
  • AOC calls on Cuomo, de Blasio to raise NY taxes: reportAOC calls on Cuomo, de Blasio to raise NY taxes: report
    By Brittany De Lea FOXBusiness De Blasio has said he is not opposed to raising some rates – though Cuomo has expressed resistance. New York Democrat Rep. Alexandria ...
  • Trump leaves press briefing for ’emergency phone call’Trump leaves press briefing for 'emergency phone call'
    By Morgan Phillips | Fox News President Trump abruptly exited his news conference Wednesday at the White House, saying he had an “emergency” phone call as reporters continued ...
  • Outrage erupts as Kentucky AG Cameron explains no criminal charges in Breonna Taylor’s deathOutrage erupts as Kentucky AG Cameron explains no criminal charges in Breonna Taylor's death
    By Danielle Wallace, Michael Ruiz | Fox News Brett Hankison was indicted on three counts of wanton endangerment in the first degree. One of three police officers involved in ...
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