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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

  • Election Integrity Group Says Tied Election Results Show Need for Ballot SecurityElection Integrity Group Says Tied Election Results Show Need for Ballot Security
    By Steven Kovac In 2023, there were 26 elections across the United States that resulted in a tie, with another seven being decided by one ...
  • 47 US Elections Ended in Ties or Were Decided by a Single Vote in 202447 US Elections Ended in Ties or Were Decided by a Single Vote in 2024
    By Steven Kovac One vote can make a difference. That was the takeaway from a nationwide survey by the Public Interest Legal Foundation (PILF) that found ...
  • Ethel Kennedy, Widow of Sen. Robert F. Kennedy and Human Rights Advocate, Dies at 96Ethel Kennedy, Widow of Sen. Robert F. Kennedy and Human Rights Advocate, Dies at 96
    Article by Bill Pan, Special Note by Robert F. Kennedy Jr and the USNN World News Team Ethel Kennedy, widow of the late Sen. Robert ...
  • FEMA Director: Florida Dodged ‘Worst-Case Scenario’ With Hurricane MiltonFEMA Director: Florida Dodged ‘Worst-Case Scenario’ With Hurricane Milton
    By Jack Phillips The director of the Federal Emergency Management Agency (FEMA) said Florida appeared to have dodged a “worst-case scenario” during Hurricane Milton, which ...
  • Nearly 3 Million Americans Have Voted So Far. Here’s What We Know.Nearly 3 Million Americans Have Voted So Far. Here’s What We Know.
    By Jack Phillips Nearly 3 million Americans have cast early ballots either in person or by mail with under four weeks to go until Election ...
  • Hurricane Milton leaves at least 10 dead, millions without power in FloridaHurricane Milton leaves at least 10 dead, millions without power in Florida
    By Leonara LaPeter Anton and Brad Brooks Storm makes landfall near Siesta Key, south of Tampa Bay At least 19 tornados confirmed, destroying homes in multiple ...
  • In Wake of Roe Reversal, Abortion-Related Legal Battles IncreaseIn Wake of Roe Reversal, Abortion-Related Legal Battles Increase
    By Matthew Vadum Pro-abortion state and local governments are filing lawsuits to shut down pro-life pregnancy help organizations that encourage women considering an abortion to ...
  • DeSantis, Florida Officials Issue Warnings to Would-Be Looters Ahead of Hurricane MiltonDeSantis, Florida Officials Issue Warnings to Would-Be Looters Ahead of Hurricane Milton
    By Jack Phillips Officials in Florida issued stark warnings to would-be looters during Hurricane Milton that they could get shot or arrested. “Florida will not stand ...
  • Appeals Court Lets Ohio Enforce Law Banning Foreign Nationals From Spending on CampaignsAppeals Court Lets Ohio Enforce Law Banning Foreign Nationals From Spending on Campaigns
    By Zachary Stieber A federal appeals court on Oct. 8 enabled Ohio to enforce a law that bans foreigners from spending on ballot campaigns, reversing ...
  • From Hawaii to Florida, Tracing Ryan Routh’s Path to Attempted Trump AssassinationFrom Hawaii to Florida, Tracing Ryan Routh’s Path to Attempted Trump Assassination
    By Janice Hisle, Savannah Hulsey Pointer and Arjun Singh KAAAWA, HAWAII, and GREENSBORO, N.C.—Mysteries enshroud Ryan Routh, the 58-year-old man charged with attempting to kill former ...
  • 7 Michiganders Charged With Election Fraud in Double-Voting Scheme7 Michiganders Charged With Election Fraud in Double-Voting Scheme
    By Steven Kovac Four Macomb County, Michigan, voters have been indicted for allegedly voting twice in the Aug. 6 primary, and three assistant clerks have ...
  • Texas Demands Citizenship Data From Federal Government on 454,000 VotersTexas Demands Citizenship Data From Federal Government on 454,000 Voters
    By Zachary Stieber Texas officials are asking the federal government for citizenship information on voters after Texas Attorney General Ken Paxton said he obtained a ...
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