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Real News, Real Time

India and Pakistan Agree to US-Mediated Cease-Fire
Posted inWorld

India and Pakistan Agree to US-Mediated Cease-Fire

USNN World Newsby USNN World NewsMay 10, 2025June 6, 2025
Ukraine and Allies Call on Russia to Accept US Cease-Fire Proposal
Posted inWorld

Ukraine and Allies Call on Russia to Accept US Cease-Fire Proposal

USNN World Newsby USNN World NewsMay 10, 2025May 10, 2025
Judge Warns Trump’s Order May Violate Previous Ruling on Sanctuary Cities
Posted inImmigration

Judge Warns Trump’s Order May Violate Previous Ruling on Sanctuary Cities

USNN World Newsby USNN World NewsMay 10, 2025May 10, 2025
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, 2025May 9, 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

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NATIONAL NEWS

  • Rep. Jim Banks: Adam Schiff lies about Trump repeatedly – Shouldn’t be leading impeachment inquiryRep. Jim Banks: Adam Schiff lies about Trump repeatedly – Shouldn’t be leading impeachment inquiry
    By Rep. Jim Banks | Fox News By striking down the Republican resolution to censure House Intelligence Committee Chairman Adam Schiff, D-Calif. – who is leading the impeachment inquiry ...
  • ‘This Ruling Is Dangerous for Every American:’ Doug Collins Rips Judge Over Impeachment Decision‘This Ruling Is Dangerous for Every American:’ Doug Collins Rips Judge Over Impeachment Decision
    BY ZACHARY STIEBER Rep. Doug Collins (R-Ga.) said he didn’t agree with the decision by a federal judge to order the release of grand jury material ...
  • Trump, Republicans Express Concern as Whistleblower Slips Into the SidelinesTrump, Republicans Express Concern as Whistleblower Slips Into the Sidelines
    BY JANITA KAN The anonymous whistleblower who is at the center of impeachment inquiry is quietly slipping into the sidelines as Democrats say the individual’s testimony is no ...
  • Graham Says Senate Resolution Condemning Impeachment Inquiry Has 50 Co-sponsorsGraham Says Senate Resolution Condemning Impeachment Inquiry Has 50 Co-sponsors
    By Jack Phillips Fifty U.S. senators have signed onto a resolution condemning the House impeachment inquiry into President Donald Trump, said Sen. Lindsey Graham (R-S.C.) ...
  • Sen. Lindsey Graham: Every American should be bothered by what Democrats are doing to TrumpSen. Lindsey Graham: Every American should be bothered by what Democrats are doing to Trump
    By Morgan Phillips | Fox News Sen. Lindsey Graham, after introducing a resolution to condemn the House Democrats’ impeachment inquiry on Thursday, called the process ...
  • Trump blasts Dems over ‘sham’ impeachment inquiry ‘behind closed doors’: ‘They cannot win’Trump blasts Dems over 'sham' impeachment inquiry 'behind closed doors': 'They cannot win'
    By Vandana Rambaran | Fox News President Trump on Friday thanked loyal Republican lawmakers in the House for introducing a resolution that formally condemns the Democrat-led impeachment ...
  • President Donald Trump Awarded Bipartisan Justice Award for First Step ActPresident Donald Trump Awarded Bipartisan Justice Award for First Step Act
    By Zachary Stieber Republican President Donald Trump was awarded the Bipartisan Justice Award on Oct. 25 for his work on the First Step Act. Trump thanked lawmakers from ...
  • Trump says ‘investigate the investigators’ as Durham probe touches off new war in CongressTrump says ‘investigate the investigators’ as Durham probe touches off new war in Congress
    By Brooke Singman | Fox News President Trump said Friday it’s time to “investigate the investigators,” after it was revealed that U.S. Attorney John Durham’s review of alleged ...
  • Trump accuses Obama of treason for ‘spying’ on his 2016 campaignTrump accuses Obama of treason for ‘spying’ on his 2016 campaign
    By Paul Bedard | Washington Examiner President Trump has ratcheted up his claim that the Obama White House spied on his 2016 campaign, charging in a new ...
  • McConnell to Back Resolution Condemning House Impeachment: ‘Obviously I Support It’McConnell to Back Resolution Condemning House Impeachment: ‘Obviously I Support It’
    BY JACK PHILLIPS Sen. Mitch McConnell (R-Ky.) confirmed to reporters that he will back a resolution condemning the House impeachment inquiry into President Donald Trump. “Obviously I support ...
  • U.S. Sues California Over ‘Illegal’ Cap-and-Trade Pact With QuebecU.S. Sues California Over ‘Illegal’ Cap-and-Trade Pact With Quebec
    By Matthew Vadum The Trump administration is suing California over what it calls an “illegal” cap-and-trade agreement with the Canadian province of Quebec, alleging the Golden ...
  • GOP reveals new Strzok texts concerning ‘crescendo of leaks,’ demands watchdog investigateGOP reveals new Strzok texts concerning 'crescendo of leaks,' demands watchdog investigate
    By Gregg Re, Brooke Singman | Fox News Top Republicans on Wednesday demanded that Intelligence Community Inspector General (ICIG) Michael Atkinson explain why the watchdog hasn’t said if ...
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