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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

  • NY Times editorial page editor resigns amid staff fury over Tom Cotton op-edNY Times editorial page editor resigns amid staff fury over Tom Cotton op-ed
    By Bradford Betz | Fox News The New York Times announced Sunday that Editorial Page Editor James Bennet is resigning — amid reports of anger inside the ...
  • Buffalo cops caught on video pushing 75-year-old to the ground plead not guiltyBuffalo cops caught on video pushing 75-year-old to the ground plead not guilty
    By Chris Irvine | Fox News Two Buffalo police officers have pleaded not guilty to assault after they were caught on camera shoving a 75-year-old man to ...
  • Biden Says 10-15 Percent of Americans Are ‘Just Not Very Good People’Biden Says 10-15 Percent of Americans Are ‘Just Not Very Good People’
    By Tom Ozimek Democrat presidential nominee Joe Biden said Thursday that while he believes the “vast majority” of Americans are decent, he estimated that there around 10 ...
  • Washington Braces as George Floyd Protests BeginWashington Braces as George Floyd Protests Begin
    BY TOM OZIMEK Protests have begun in Washington, District of Columbia, on Saturday as authorities brace for what is expected to be one of the biggest demonstrations ...
  • Washington Post blasted over inaccurate ‘grim milestone’ tweet on unemployment rate: ‘It’s not true’Washington Post blasted over inaccurate 'grim milestone' tweet on unemployment rate: ‘It’s not true’
    By Brian Flood | Fox News The Washington Post was blasted on social media after it jumped the gun with an inaccurate tweet Friday claiming the May U.S. ...
  • Republicans returning fire in 2020 battle for SenateRepublicans returning fire in 2020 battle for Senate
    By Paul Steinhauser | Fox News Democrats have been playing offense so far this year as they try to regain the majority in the Senate for the first ...
  • Lindsey Graham fires back at Gen. Mattis: You’re buying into an ‘unfair’ narrativeLindsey Graham fires back at Gen. Mattis: You're buying into an 'unfair' narrative
    By Talia Kaplan | Fox News Sen. Lindsey Graham, R-S.C., pushed back Thursday on former Secretary of Defense Gen. Jim Mattis’ criticism of President Trump’s handling of the unrest in ...
  • Project Veritas Infiltrates Antifa, Reveals Organized Training in Violent ActionProject Veritas Infiltrates Antifa, Reveals Organized Training in Violent Action
    By Petr Svab At least some parts of the anarcho-communist movement Antifa are highly organized, including initiation procedures, security protocols, and “lectures” on violent action, according to ...
  • Violent, armed looters overrun Santa Monica Music Center: ‘They took everything from us, and no one stopped them’Violent, armed looters overrun Santa Monica Music Center: 'They took everything from us, and no one stopped them'
    By Hollie McKay | Fox News For almost five decades, Santa Monica Music Center was an oasis of arts and education that gave all walks of life the opportunity to ...
  • Current and former Sanders staffers turn on each other in campaign aftermathCurrent and former Sanders staffers turn on each other in campaign aftermath
    By Ronn Blitzer | Fox News Even by the standards of partisan vitriol being hurled in all directions amid civil unrest and the coronavirus pandemic, a remarkable dispute ...
  • George Floyd riots — how to stop the mob in 9 stepsGeorge Floyd riots -- how to stop the mob in 9 steps
    By Newt Gingrich | Fox News Six nights of violent riots and looting in America’s major cities, following the horrific death of George Floyd last week, have gripped the nation. The ...
  • Trump says GOP ‘forced’ to seek other state to host convention, slamming North Carolina governorTrump says GOP 'forced' to seek other state to host convention, slamming North Carolina governor
    By Gregg Re | Fox News President Trump announced late Tuesday that Republicans are “forced” to seek another state to host their convention, saying North Carolina’s governor was “still in Shelter-In-Place Mode” and ...
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