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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

  • Democrats trying to ‘overturn the will of the American people,’ Pence chief of staff saysDemocrats trying to 'overturn the will of the American people,' Pence chief of staff says
    By Charles Creitz | Fox News Democrats’ impeachment inquiry is part of an attempt to undermine the will of the voters, according to a top aide to Vice President Mike ...
  • Jim Jordan blasts ‘unfair’ House impeachment process, defends EU envoy’s no-showJim Jordan blasts 'unfair' House impeachment process, defends EU envoy's no-show
    By Charles Creitz | Fox News Jim Jordan defended U.S. Ambassador to the European Union Gordon Sondland’s failure to appear before House lawmakers amid their Trump impeachment inquiry. Rep. Jordan, R-Ohio, ...
  • McConnell ad telegraphs plan to protect Trump against Pelosi in impeachment fightMcConnell ad telegraphs plan to protect Trump against Pelosi in impeachment fight
    By Ronn Blitzer | Fox News While Senate Majority Leader Mitch McConnell has pledged to take up the impeachment fight in the Senate should the House move against President Trump, a new campaign ad from ...
  • Trump on Troop Withdrawal From Syria: ‘Time to Get out of These Ridiculous Endless Wars’Trump on Troop Withdrawal From Syria: ‘Time to Get out of These Ridiculous Endless Wars’
    BY ZACHARY STIEBER President Donald Trump explained the rationale behind his decision to pull all U.S. troops from Syria, saying he wants the United States to ...
  • GOP Rep. Chris Stewart dismisses second whistleblower: ‘Why should I care?’GOP Rep. Chris Stewart dismisses second whistleblower: 'Why should I care?'
    By Ronn Blitzer | Fox News Members of the House Intelligence Committee from both parties reacted to the news that there is a second whistleblower with knowledge ...
  • Intelligence Community Watchdog Interviews Second WhistleblowerIntelligence Community Watchdog Interviews Second Whistleblower
    BY IVAN PENTCHOUKOV Intelligence Community Inspector General Michael Atkinson interviewed a second whistleblower with alleged knowledge about the call between President Donald Trump and the leader of Ukraine. Democrats have led an ...
  • Chris Wallace challenges Dem on not holding official impeachment vote: ‘There was a clear precedent’Chris Wallace challenges Dem on not holding official impeachment vote: 'There was a clear precedent'
    By Nick Givas | Fox News House Democrats have ignored historical precedent and political decorum by not holding an official impeachment vote in their fight to remove President Trump from office, ...
  • Trump should be allowed ‘confrontation rights’ against Ukraine call whistleblower, ex-Clinton prosecutor saysTrump should be allowed 'confrontation rights' against Ukraine call whistleblower, ex-Clinton prosecutor says
    By Charles Creitz | Fox News President Trump should be afforded “confrontation rights” when it comes to the whistleblower that set off the Democrats’ impeachment inquiry, according to ...
  • Video appears to contradict Warren’s suggestion that school fired her over pregnancyVideo appears to contradict Warren's suggestion that school fired her over pregnancy
    By Sam Dorman | Fox News Sen. Elizabeth Warren, D-Mass., suggested this week that a school principal effectively fired her from a teaching job after she became ...
  • Lindsey Graham vows to have whistleblowers testify publicly if Democrats impeach TrumpLindsey Graham vows to have whistleblowers testify publicly if Democrats impeach Trump
    By Ronn Blitzer | Fox News Senate Judiciary Committee Chairman Lindsey Graham, R-S.C., vowed to expose the anonymous whistleblowers against President Trump if Democrats move forward with impeachment; ...
  • Media yawn at Schiff’s lie on MSNBC, but Trump quick to pounceMedia yawn at Schiff’s lie on MSNBC, but Trump quick to pounce
    By Howard Kurtz | Fox News No Trump probe is complete these days without a demand to investigate the investigators. Suddenly, the harsh spotlight has landed on Adam Schiff. The ...
  • Whistleblower did not disclose contact with Schiff’s committee to inspector general, sources sayWhistleblower did not disclose contact with Schiff’s committee to inspector general, sources say
    By Catherine Herridge, Adam Shaw | Fox News The intelligence community whistleblower who alleged misconduct at the White House over President Trump’s call to the Ukrainian president did not disclose contact with ...
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