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Real News, Real Time

Google to Pay $1.4 Billion to Texas, Settle Data Privacy Case
Posted inBusiness

Google to Pay $1.4 Billion to Texas, Settle Data Privacy Case

USNN World Newsby USNN World NewsMay 10, 2025May 10, 2025
FDA Approves 3 Natural Color Additives Amid Push to Remove Artificial Food Coloring
Posted inHealthcare

FDA Approves 3 Natural Color Additives Amid Push to Remove Artificial Food Coloring

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

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NATIONAL NEWS

  • NASCAR: Driver’s ‘Hate Crime Noose’ Was Really A Garage Pull RopeNASCAR: Driver’s ‘Hate Crime Noose’ Was Really A Garage Pull Rope
    By Allison Schuster The Federalist Separate FBI and NASCAR investigations found what some claimed was a “noose” in NASCAR driver Bubba Wallace’s garage at Talladega Superspeedway ...
  • Space expert says 110 people is ‘minimum number’ to start life on MarsSpace expert says 110 people is 'minimum number' to start life on Mars
    By Chris Ciaccia | Fox News If you’ve ever wondered how many people it will take to start a new civilization on Mars, you’ve got your answer. At least ...
  • Insurgents from the left threaten to upend Dem Party plans in Tuesday primariesInsurgents from the left threaten to upend Dem Party plans in Tuesday primaries
    By Paul Steinhauser | Fox News The progressive wing of the Democratic Party hasn’t had much to celebrate at the ballot box since populist Sen. Bernie Sanders suspended his presidential campaign two-and-a-half months ...
  • Officers clear protesters from outside White House, as ‘Defund the Police’ graffiti removedOfficers clear protesters from outside White House, as ‘Defund the Police’ graffiti removed
    By Gillian Turner, Brooke Singman | Fox News Law enforcement officers cleared protesters Tuesday from outside the White House following a clash the night before, pushing them beyond ...
  • Hackers just leaked sensitive files from over 200 police departments that are searchable by badge numberHackers just leaked sensitive files from over 200 police departments that are searchable by badge number
    By Aaron Holmes A hacktivist group on Friday published hundreds of gigabytes’ worth of potentially sensitive files from police departments across the US in the ...
  • Trump urges AOC to run against Schumer, says she’d winTrump urges AOC to run against Schumer, says she’d win
    By Edmund DeMarche | Fox News President Trump urged Rep. Alexandria Ocasio-Cortez, D-N.Y., to run against the state’s longtime Sen. Chuck Schumer in the 2022 primary in November, saying ...
  • Sarah Sanders slams Bolton as man ‘drunk on power,’ in her forthcoming bookSarah Sanders slams Bolton as man 'drunk on power,' in her forthcoming book
    By Brooke Singman | Fox News Former White House Press Secretary Sarah Sanders slams former National Security Adviser John Bolton as a man “drunk on power” in her forthcoming book ...
  • Owner of Ohio store ransacked by rioters says she’s receiving threats for cooperating with policeOwner of Ohio store ransacked by rioters says she's receiving threats for cooperating with police
    By Talia Kaplan | Fox News An Ohio business owner told “Fox & Friends” on Monday that she is receiving threats for cooperating with law enforcement officials investigating the looting of her ...
  • Trump campaign rejects claims that TikTok, K-Pop fans sabotaged rally: ‘Don’t know what they’re talking about’Trump campaign rejects claims that TikTok, K-Pop fans sabotaged rally: 'Don't know what they're talking about'
    By Gregg Re | Fox News After top Democrats gloated that teenage activists had sabotaged turnout at President Trump’s Tulsa, Okla., rally on Saturday, the Trump campaign fired back within hours, saying that media ...
  • Biden campaign adviser weighs in on why former VP hasn’t held news conference in nearly three monthsBiden campaign adviser weighs in on why former VP hasn't held news conference in nearly three months
    By Ronn Blitzer | Fox News Former Vice President Joe Biden’s senior campaign adviser Symone Sanders dodged a question of why the presumptive Democratic presidential nominee has not ...
  • Trump prepares for first campaign rally in months in Tulsa amid concerns about coronavirus, violenceTrump prepares for first campaign rally in months in Tulsa amid concerns about coronavirus, violence
    By Adam Shaw | Fox News President Trump on Saturday will head to Tulsa, Oklahoma to address what is likely to be a packed rally of supporters — despite ...
  • Oklahoma Supreme Court allows Trump rally to proceed as planned, as president says Tulsa curfew being liftedOklahoma Supreme Court allows Trump rally to proceed as planned, as president says Tulsa curfew being lifted
    By Adam Shaw | Fox News The Oklahoma Supreme Court on Friday ruled that President Trump’s upcoming rally in Tulsa can go ahead as planned despite concerns about coronavirus ...
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