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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

  • Buttigieg, Klobuchar slam Warren for not saying how she’ll finance ‘Medicare-for-all’Buttigieg, Klobuchar slam Warren for not saying how she’ll finance 'Medicare-for-all'
    By Paul Steinhauser | Fox News WESTERVILLE, Ohio – Rising in polls and facing increased scrutiny, Sen. Elizabeth Warren came under attack from two of her Democratic presidential nomination ...
  • Biden, Warren skirt questions over Ukraine controversy, ‘Medicare for All’ as rivals roarBiden, Warren skirt questions over Ukraine controversy, 'Medicare for All' as rivals roar
    By Gregg Re | Fox News The three Democratic 2020 front-runners were united at Tuesday night’s presidential debate in calling for President Trump’s impeachment, as former Vice President ...
  • Pelosi announces House won’t vote now on whether to begin impeachment inquiryPelosi announces House won't vote now on whether to begin impeachment inquiry
    By Gregg Re | Fox News House Speaker Nancy Pelosi announced after meeting with the House Democratic caucus on Tuesday that there will be no vote — at least for now ...
  • Gordon Sondland, ambassador involved in Ukraine controversy, to testify Trump told him ‘no quid pro quo’Gordon Sondland, ambassador involved in Ukraine controversy, to testify Trump told him 'no quid pro quo'
    By Andrew O’Reilly | Fox News The U.S. ambassador to the European Union, Gordon Sondland, is expected to tell congressional lawmakers on Thursday that President Trump told him there ...
  • Project Veritas’ alleged CNN whistleblower claims network is ‘pumping out propaganda’Project Veritas’ alleged CNN whistleblower claims network is ‘pumping out propaganda'
    By Brian Flood | Fox News Undercover recordings made by an alleged ‘whistleblower’ capture CNN employees casually confirming the network’s anti-Trump bias and show company president Jeff Zucker telling top news executives to ...
  • Pro-Trump CNN contributor says network’s LGBTQ forum revealed Democrats ‘radicalism’Pro-Trump CNN contributor says network's LGBTQ forum revealed Democrats 'radicalism'
    By Nick Givas | Fox News CNN’s LGBTQ forum revealed the fringe elements of the Democratic party and showcased the “radical leftist mob” that makes up its constituency, network contributor Steve Cortes wrote in ...
  • Trump’s attempt to hire Trey Gowdy for legal team unravels over post-Congress restrictionsTrump’s attempt to hire Trey Gowdy for legal team unravels over post-Congress restrictions
    By Mike Emanuel, John Roberts, Alex Pappas | Fox News President Trump’s attempt to hire former South Carolina Rep. Trey Gowdy for his legal team as he battles House Democrats over ...
  • Steve Hilton: The real Ukraine scandal is US cash for gas — It involves the Bidens and a growing list of DemsSteve Hilton: The real Ukraine scandal is US cash for gas -- It involves the Bidens and a growing list of Dems
    By Steve Hilton | Fox News Joe Biden hit back at allegations over his son, Hunter, saying there was nothing corrupt about the firing of that Ukrainian prosecutor. But that ...
  • Republican Rep. Matt Gaetz kicked out of impeachment inquiry hearingRepublican Rep. Matt Gaetz kicked out of impeachment inquiry hearing
    By Andrew O’Reilly | Fox News Rep. Matt Gaetz, R-Fla., an ardent supporter of President Trump, got the boot on Monday when he tried to sit in on ...
  • Rand Paul calls for investigation of Dem senators, says they threatened Ukraine aid during Mueller probeRand Paul calls for investigation of Dem senators, says they threatened Ukraine aid during Mueller probe
    By Nick Givas | Fox News An official investigation should be launched into three Democratic senators who threatened to withhold federal aid to Ukraine if the country’s prosecutor general didn’t assist ...
  • Bernie Sanders slams Elizabeth Warren as ‘capitalist’Bernie Sanders slams Elizabeth Warren as ‘capitalist’
    By Alex Pappas | Fox News Vermont Sen. Bernie Sanders – the self-proclaimed Democratic socialist whose standing in the 2020 primary has become threatened by Massachusetts Sen. Elizabeth Warren’s surge in ...
  • Schiff admits he should have been ‘much more clear’ about contact with whistleblowerSchiff admits he should have been 'much more clear' about contact with whistleblower
    By Andrew O’Reilly | Fox News House Intelligence Committee Chairman Adam Schiff, D-Calif., admitted on Sunday that he should have been clearer about his contact with the whistleblower who filed ...
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