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World

India and Pakistan Agree to US-Mediated Cease-Fire

by USNN World NewsMay 10, 2025June 6, 2025

World

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

by USNN World NewsMay 10, 2025May 10, 2025

Immigration

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

by USNN World NewsMay 10, 2025May 10, 2025

Sports

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

by USNN World NewsMay 9, 2025May 9, 2025

National News

US Could Hit Debt Limit in August, Bessent Says

by 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.”

Economy

Panasonic Announces 10,000 Layoffs Worldwide

by USNN World NewsMay 9, 2025May 9, 2025

National News

DHS Says House Democrats and Protesters ‘Stormed’ ICE Detention Center

by USNN World NewsMay 9, 2025August 20, 2025

National News

FEMA Confirms Acting Administrator Hamilton Has Been Replaced

by USNN World NewsMay 9, 2025August 19, 2025

Sports

Sheriff Scheffler’s Seismic Resurgence: First 2025 Win Secured, PGA Championship Looming

by USNN World NewsMay 8, 2025May 8, 2025

World

Trump Says Upcoming US–China Trade Talks Could Result in Tariff Reductions

by USNN World NewsMay 8, 2025May 8, 2025

Economy

Cox Automotive Says Tariffs Impacted Wholesale Used Car Prices in April

by USNN World NewsMay 8, 2025May 12, 2025

NATIONAL NEWS

Whistleblower Complaint Conflicts With Trump–Zelensky Call Transcript

BY IVAN PENTCHOUKOV The content of a whistleblower complaint about a call between President Donald Trump and the Ukrainian leader conflicts with the official transcript of the conversation between the ...

All Hell Is About To Break Loose: The Truth Hidden By The MSM And The Frantic Panic Behind The ‘Impeachment Push’ As Media Work Overtime To Protect The Deep State Lies

By Susan Duclos – All News PipeLine Gallup which has been monitoring trust in the media since the 1970s, has come out with their 2019 numbers and finds ...

Trump: Democrats ‘Are Trying to Stop Me, Because I Am Fighting for You’

By Janita Kan Following his criticism of the Democrats on Saturday morning, President Donald Trump expressed his resolve to fight for the American people in a video message, amid ...

Rep. Gaetz defends Trump’s Ukraine phone call, says Dems playing ‘pin the tail on the impeachment theory’

By Victor Garcia | Fox News Rep. Matt Gaetz, R-Fla., defended President Trump against criticism that he asked the president of Ukraine for a “favor” during their controversial phone call that ...

Former CIA officer who’s a Democrat says Trump impeachment inquiry setting ‘horrific precedent’

By David Montanaro | Fox News The impeachment inquiry set in motion by House Democrats this week is setting a “horrific precedent” and the whistleblower must testify before Congress, ...

Trump calls AOC, Schiff and Nadler ‘Democrat Savages’ as impeachment calls intensify

By Sam Dorman | Fox News President Trump launched a fresh attack on prominent Democrats on Saturday, accusing leading impeachment proponents of stalling progress and acting like “savages.” “Can you imagine ...

Hannity calls Dems ‘dirtbags,’ says Trump won’t be removed from office

By Victor Garcia | Fox News Sean Hannity ripped Democrats Friday, calling them “dirtbags,” and declared that President Trump would not be removed from office despite efforts by Democrats to ...

Former George W. Bush aide calls impeachment ‘a fool’s errand being pushed by fools’

By Charles Creitz | Fox News An impeachment inquiry into President Trump is a foolish endeavor that will likely backfire on the Democratic Party, according to Ned Ryun. Ryun, a ...

Andrew Cuomo says ‘leftist’ Dems pressured Pelosi on impeachment, warns it will go ‘nowhere’

By Adam Shaw | Fox News New York Gov. Andrew Cuomo on Thursday said that “leftist” Democrats pressured House Speaker Nancy Pelosi into launching the impeachment inquiry into President Trump, ...

Newt Gingrich blasts Pelosi’s impeachment push: ‘All political…will have no effect’ on Trump’s agenda

By Matt London | Fox News Newt Gingrich dismissed House Speaker Nancy Pelosi’s D-Cali., announcement of an “official” impeachment inquiry of President Donald Trump, calling it “all political” and ...

Judge Pirro blasts Democrats’ impeachment inquiry: ‘This is a setup’

By David Montanaro | Fox News Fox News host Judge Jeanine Pirro said Friday that the explosive whistleblower complaint that has led to an impeachment inquiry against President Trump “was a ...

BREAKING: Solomon Bombshell — Ukrainian Prosecutor Shokin Details BIDEN’S SHAKEDOWN — WILL LIKELY END BIDEN CAMPAIGN!

By Paul Martin, Jim HoftTheGatewayPundit.com Investigative journalist John Solomon told Sean Hannity on Wednesday night that he has over 400 pages of documents that ...