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Real News, Real Time

Warriors’ Steph Curry Addresses Hamstring Injury: ‘Hopefully I’ll Be Back Soon’
Posted inSports

Warriors’ Steph Curry Addresses Hamstring Injury: ‘Hopefully I’ll Be Back Soon’

USNN World Newsby USNN World NewsMay 9, 2025May 9, 2025
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

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NATIONAL NEWS

  • Clintonworld steps away from Black Lives Matter on eve of financial disclosureClintonworld steps away from Black Lives Matter on eve of financial disclosure
    By Andrew Kerr, Investigative Reporter & Jerry Dunleavy, Justice Department Reporter Marc Elias and Minyon Moore, two longtime allies of Bill and Hillary Clinton who recently took up key roles with ...
  • Biden Oil and Gas Lease Sale Cancellations Draw Strong ReactionBiden Oil and Gas Lease Sale Cancellations Draw Strong Reaction
    By Nathan Worcester As gas prices continue to break records, the Biden administration’s cancellation of two lease sales in the Gulf of Mexico and one lease sale ...
  • Most Americans Don’t Want Those ShotsMost Americans Don't Want Those Shots
    By Joseph Mercola This is huge. There is no other vaccine where such a high percentage fails to complete a two-dose series. And, it gets ...
  • House Democrat Found Way to Be in Two Places at Once; Watchdog Files Ethics ComplaintHouse Democrat Found Way to Be in Two Places at Once; Watchdog Files Ethics Complaint
    By Mark Tapscott Rep. Val Demings (D-Fla.) is among the busiest people in the nation’s capital, being both a member of the House of Representatives ...
  • Pennsylvania Patriots Join Forces to Demand Election IntegrityPennsylvania Patriots Join Forces to Demand Election Integrity
    By Beth Brelje Representatives from more than 70 political activism groups in Pennsylvania are demanding that their legislators repeal no-excuse mail-in voting and secure the commonwealth’s election ...
  • Democrats Silent as Republicans Rip Into Secret Royalty Checks to Fauci, Hundreds of NIH ScientistsDemocrats Silent as Republicans Rip Into Secret Royalty Checks to Fauci, Hundreds of NIH Scientists
    By Mark Tapscott Top Democratic leaders with oversight of the National Institutes for Health (NIH) are keeping quiet about the $350 million in secret payments ...
  • Retail Diesel Prices Surge to Fresh Record High Amid Tight SuppliesRetail Diesel Prices Surge to Fresh Record High Amid Tight Supplies
    By Andrew Moran Retail diesel prices hit a fresh record high of $5.557 per gallon on Thursday, according to the American Automobile Association (AAA). The cost of a ...
  • New DOJ Notes Reveal FBI Panic After Trump Tweeted He Knew He Was Being Spied OnNew DOJ Notes Reveal FBI Panic After Trump Tweeted He Knew He Was Being Spied On
    By Jeff Carlson and Hans Mahncke News Analysis Newly released notes taken by high-level Department of Justice (DOJ) officials during a March 6, 2017, meeting with FBI leadership expose some of the lengths ...
  • Election Integrity Watchdog Sues Minnesota Over Refusal to Clean Up Its Voter RollElection Integrity Watchdog Sues Minnesota Over Refusal to Clean Up Its Voter Roll
    By Matthew Vadum An election integrity group filed a legal complaint under the federal Help America Vote Act (HAVA)  against Minnesota Secretary of State Steve Simon for ...
  • Nonprofit Watchdog Uncovers $350 Million in Secret Payments to Fauci, Collins, Others at NIHNonprofit Watchdog Uncovers $350 Million in Secret Payments to Fauci, Collins, Others at NIH
    By Mark Tapscott An estimated $350 million in undisclosed royalties were paid to the National Institutes of Health (NIH) and hundreds of its scientists, including ...
  • US Gas Prices Jump Again to Near-Record HighsUS Gas Prices Jump Again to Near-Record Highs
    By Naveen Athrappully Gas prices in the United States are once again moving along an upward trajectory, with May 9 prices coming close to the ...
  • Biden Disinformation Board Likely Illegal: Sen. HagertyBiden Disinformation Board Likely Illegal: Sen. Hagerty
    By Joseph Lord Sen. Bill Hagerty (R-Tenn.) has denounced the Biden administration’s plan to start a “Disinformation Governance Board,” saying that the plan is likely ...
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