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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

  • Jeffrey Epstein’s Cell Had Note, Multiple Sheets, Electrical Cord When He Was Found: ReportJeffrey Epstein’s Cell Had Note, Multiple Sheets, Electrical Cord When He Was Found: Report
    By Jack Phillips Prescription drugs, an electrical cord, sheets, and a note were reportedly discovered inside convicted sex offender and financier Jeffrey Epstein’s cell after ...
  • Appeals Court Hears Arguments in Trump’s Bid to Block McGahn TestimonyAppeals Court Hears Arguments in Trump’s Bid to Block McGahn Testimony
    By Janita Kan A federal appeals court on Friday heard oral arguments in a dispute between Congress and the Trump administration over the subpoena demanding that former White House counsel Don ...
  • GOP Rep. Phil Roe Says He Won’t Seek ReelectionGOP Rep. Phil Roe Says He Won’t Seek Reelection
    By Jack Phillips Rep. Phil Roe (R-Tenn.) announced he will not seek reelection when his term ends later this year, making him among the two-dozen ...
  • Gun control standoff heats up in Virginia as ‘sanctuaries’ grow, big votes loomGun control standoff heats up in Virginia as 'sanctuaries' grow, big votes loom
    By Sam Dorman | Fox News A battle over gun control in Virginia with national implications is heating up as the legislature prepares to vote on sweeping new restrictions and localities band together ...
  • Julian Castro drops out of 2020 presidential raceJulian Castro drops out of 2020 presidential race
    By Judson Berger, Paul Steinhauser | Fox News Julian Castro, the former Obama housing secretary and San Antonio mayor, has dropped out of the race for the Democratic presidential ...
  • Trump campaign blows past 2020 Dems with latest fundraising haul, sitting on over $100MTrump campaign blows past 2020 Dems with latest fundraising haul, sitting on over $100M
    By Brooke Singman | Fox News President Trump’s campaign raked in a whopping $46 million in the fourth quarter of 2019, fueled in part by a backlash from ...
  • Dana Perino on 2020 fundraising numbers: ‘If I were the Democrats, I’d be kind of worried’Dana Perino on 2020 fundraising numbers: 'If I were the Democrats, I'd be kind of worried'
    By Victor Garcia | Fox News Former White House press secretary Dana Perino said Thursday that Democrats should be concerned about President Trump’s huge fundraising haul for the final quarter ...
  • Dana Perino calls Bloomberg’s ‘open office plan’ the ‘worst’ idea of Democratic primaryDana Perino calls Bloomberg's 'open office plan' the 'worst' idea of Democratic primary
    By Victor Garcia | Fox News Dana Perino criticized Democratic presidential hopeful Michael Bloomberg’s “open office plan” idea that the former New York City mayor tweeted about on Monday, ...
  • The surprising impact that Californians flooding Texas may have on 2020 electionThe surprising impact that Californians flooding Texas may have on 2020 election
    By Matt London | Fox News The latest Census Bureau data shows that more than 86,000 California residents moved to Texas in 2018 alone and that’s raising the question of whether or not they ...
  • CA mayor on exodus from blue states: ‘I can’t blame them’CA mayor on exodus from blue states: 'I can't blame them'
    By Julia Musto | Fox News A mass exodus of hundreds of thousands of residents in blue states was to be expected because of their extremely high cost of living, Laguna Hills, Calif., ...
  • Tomi Lahren rips Beto O’Rourke as he blames gun laws for Texas church shootingTomi Lahren rips Beto O'Rourke as he blames gun laws for Texas church shooting
    By Matt London | Fox News Fox Nation’s Tomi Lahren did not hold back on “anti-gun rights” Democrats in the aftermath of Sunday’s shooting at West Freeway Church of Christ in White Settlement, ...
  • Hunter Biden fires back after PI claims secret bank records ‘verify’ $156M counterfeiting schemeHunter Biden fires back after PI claims secret bank records 'verify' $156M counterfeiting scheme
    By Gregg Re | Fox News Hunter Biden’s attorneys fired back Monday after a private investigation firm again attempted to stage a highly unusual intervention in his ongoing child-custody dispute in Arkansas, ...
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