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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

  • Mark Meadows caught MSNBC’s anti-GOP bias ‘in real time,’ Charlie Kirk saysMark Meadows caught MSNBC's anti-GOP bias 'in real time,' Charlie Kirk says
    By Charles Creitz | Fox News Turning Point USA founder Charlie Kirk praised Rep. Mark Meadows, R-N.C., on Friday, after Meadows interrupted an MSNBC reporter on the air to defend ...
  • Nikki Haley says Trump does not deserve ‘death penalty’ impeachment proceedingsNikki Haley says Trump does not deserve 'death penalty' impeachment proceedings
    By Danielle Wallace | Fox News Former U.N. Ambassador Nikki Haley says she does not believe President Trump will be impeached or removed from office, adding that her former boss does not deserve what ...
  • Nunes demands Schiff testify in private as part of House impeachment inquiryNunes demands Schiff testify in private as part of House impeachment inquiry
    By Brooke Singman | Fox News EXCLUSIVE: The top Republican on the House Intelligence Committee has formally requested that the panel’s chairman, Rep. Adam Schiff, D-Calif., testify in a ...
  • CRAFT BREWERY PRINTS “EPSTEIN DIDN’T KILL HIMSELF” UNDER CANSCRAFT BREWERY PRINTS “EPSTEIN DIDN’T KILL HIMSELF” UNDER CANS
    By Adan Salazar A microbrewery in California has introduced a craft beer with the message “Jeffrey Epstein Didn’t Kill Himself” printed on the bottom of ...
  • Report: Fox News’ Management Tells Staff Not to Mention Whistleblower’s NameReport: Fox News’ Management Tells Staff Not to Mention Whistleblower’s Name
    By Jack Phillips A report claims that Fox News’ management has forbidden network hosts to use the name of the alleged whistleblower at the center ...
  • Mulvaney Doesn’t Comply With House Impeachment Probe: ReportsMulvaney Doesn’t Comply With House Impeachment Probe: Reports
    By Jack Phillips Acting White House Chief of Staff Mick Mulvaney refused to comply with the closed-door subpoena amid a House impeachment inquiry, according to ...
  • John Bolton Has New Information on Ukraine Inquiry, Lawyer SaysJohn Bolton Has New Information on Ukraine Inquiry, Lawyer Says
    By Jack Phillips President Donald Trump’s former national security adviser John Bolton has new details about conversations and meetings related to the impeachment inquiry into Trump, his ...
  • Yovanovitch communicated with Dem staffer on ‘delicate’ issue after complaint, emails show, despite testimonyYovanovitch communicated with Dem staffer on 'delicate' issue after complaint, emails show, despite testimony
    By Gregg Re | Fox News EXCLUSIVE: Former U.S. Ambassador to Ukraine Marie Yovanovitch, a key witness in House Democrats’ impeachment inquiry, communicated via her personal email account with a ...
  • Jim Jordan assigned to Intel Committee ahead of Trump impeachment hearingsJim Jordan assigned to Intel Committee ahead of Trump impeachment hearings
    By Brooke Singman, Chad Pergram | Fox News House Oversight Committee Ranking Member Jim Jordan has been assigned by Republican leadership to serve on the House Intelligence Committee so he ...
  • Hunter Biden’s questionable past and business dealings could undo dad’s bid for White HouseHunter Biden's questionable past and business dealings could undo dad's bid for White House
    By Barnini Chakraborty | Fox News Democratic front-runner Joe Biden has survived a series of poor debates, weathered criticism that he is out of touch and gaffe prone to ...
  • White House press secretary reacts to John Bolton skipping Trump impeachment depositionWhite House press secretary reacts to John Bolton skipping Trump impeachment deposition
    By Victor Garcia | Fox News White House Press Secretary Stephanie Grisham responded Thursday to former National Security Adviser John Bolton skipping a Trump impeachment inquiry deposition, saying that executive privilege ...
  • Guy Benson: Here’s why Democrats are ‘in trouble’ with impeachment pushGuy Benson: Here's why Democrats are 'in trouble' with impeachment push
    By Nick Givas | Fox News Democrats may go too far with their impeachment probe into President Trump and forget about the public’s exhaustion from dealing with the Mueller investigation for two years, said Fox ...
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