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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

  • U.S. officials defend Portland crackdown: ‘We’re not going to apologize’U.S. officials defend Portland crackdown: 'We're not going to apologize'
    By Reuters WASHINGTON/PORTLAND (Reuters) – U.S. Homeland Security officials said on Monday they had no intention of pulling back in Portland, Oregon, after a federal ...
  • Gunman in FedEx uniform slays son, wounds spouse of judge linked to gang, Epstein, ‘Housewives’ casesGunman in FedEx uniform slays son, wounds spouse of judge linked to gang, Epstein, ‘Housewives’ cases
    By Edmund DeMarche, Stephanie Pagones | Fox News Judge worked in cases involving Jeffrey Epstein and RHNJ’s Teresa and Joe Giudice. A gunman wearing a FedEx driver’s uniform on ...
  • Florida sheriff investigates triple homicide on lake: ‘This is a horrific scene”Florida sheriff investigates triple homicide on lake: 'This is a horrific scene"
    By Robert Gearty | Fox News ‘This is a horrfic scene,’ sheriff says Florida detectives said Saturday they were investigating the deaths of three close friends who drove to a ...
  • US attorney calls for probe into federal crackdown on Portland riots; DHS chief promises ‘we will never surrender’US attorney calls for probe into federal crackdown on Portland riots; DHS chief promises ‘we will never surrender’
    By Adam Shaw | Fox News The U.S. Attorney for Oregon on Friday called for an investigation into the Department of Homeland Security’s conduct in cracking down on the riots that ...
  • Jonathan Turley calls out CNN’s ‘telling moment of dissonance’ amid unrelenting anti-Trump coverageJonathan Turley calls out CNN's 'telling moment of dissonance' amid unrelenting anti-Trump coverage
    By Brian Flood | Fox News Tapper fact-checked colleagues after McEnany criticism. George Washington University law professor Jonathan Turley praised CNN’s Jake Tapper Friday for fact-checking his colleague Jim Acosta, writing in a blistering column ...
  • Ivanka Trump’s Big Idea: Overhaul government hiring to prioritize job skills over college degreesIvanka Trump’s Big Idea: Overhaul government hiring to prioritize job skills over college degrees
    By Brooke Singman | Fox News The Big Idea is a series that asks top lawmakers and figures to discuss their moonshot — what’s the one proposal, if politics and polls ...
  • Ingraham tells voters to ‘learn to spot lies’ from Democrats, prevent ‘Orwellian chasm’ of Biden presidencyIngraham tells voters to 'learn to spot lies' from Democrats, prevent 'Orwellian chasm' of Biden presidency
    By Charles Creitz | Fox News Fox News host asks Americans, ‘Wouldn’t you rather be decoding and exposing the radical agenda’? Laura Ingraham opened Thursday’s show with a monologue ...
  • CNN’s Jim Acosta blasted for taking Kayleigh McEnany out of context in viral tweetCNN's Jim Acosta blasted for taking Kayleigh McEnany out of context in viral tweet
    By Joseph A. Wulfsohn | Fox News CNN’s chief anti-Trump reporter Jim Acosta was blasted on social media over a tweet that quoted White House Press Secretary Kayleigh ...
  • Jake Tapper fact-checks his own CNN colleagues pushing misleading quote from Kayleigh McEnanyJake Tapper fact-checks his own CNN colleagues pushing misleading quote from Kayleigh McEnany
    By Joseph A. Wulfsohn | Fox News CNN anchor Jake Tapper offered a rare defense of White House press secretary Kayleigh McEnany after many members of the media, including his own ...
  • California pastor to defy Newsom’s shutdown, possibly run for governorCalifornia pastor to defy Newsom's shutdown, possibly run for governor
    By Caleb Parke | Fox News A California pastor said he would defy Gov. Gavin Newsom’s latest coronavirus lockdown — and maybe even challenge him in the polls. Pastor Greg Fairrington, leader of 3,500-members Destiny ...
  • Conservative group launches ‘DivestU’ to redirect donations away from liberal collegesConservative group launches ‘DivestU’ to redirect donations away from liberal colleges
    By Brooke Singman | Fox News Turning Point’s Charlie Kirk calls it their ‘most aggressive project yet to combact rampant Leftism at universities’. Conservative group Turning Point USA ...
  • 3 churches sue Newsom after California bans singing in places of worship because of coronavirus3 churches sue Newsom after California bans singing in places of worship because of coronavirus
    By Morgan Phillips | Fox News They claim a double standard because of Newsom’s support of protests. In the latest battle between Gov. Gavin Newsom and houses of worship over ...
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