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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

  • March 10 primaries: Here are the states voting, and the delegates at stakeMarch 10 primaries: Here are the states voting, and the delegates at stake
    By Tyler Olson | Fox News Democratic primary voters will go to the polls for the first time since Super Tuesday on Tuesday, March 10, in six states. Those voters will ...
  • Rep. Matt Gaetz slept in Walmart parking lot overnight, confirms he tested negative for coronavirusRep. Matt Gaetz slept in Walmart parking lot overnight, confirms he tested negative for coronavirus
    By Vandana Rambaran | Fox News Rep. Matt Gaetz, R-Fla., said Tuesday that he tested negative for coronavirus, just one day after going into self-quarantine after he learned he and ...
  • Hunter Biden cites coronavirus, wife’s pregnancy to avoid deposition until after Election DayHunter Biden cites coronavirus, wife's pregnancy to avoid deposition until after Election Day
    By Gregg Re | Fox News Hunter Biden’s attorneys have abruptly asked the Arkansas judge in his ongoing paternity case to postpone his scheduled March 11 deposition until ...
  • Dow adds 1,167 points as Trump talks economic initiativesDow adds 1,167 points as Trump talks economic initiatives
    By Jonathan Garber FOXBusiness U.S. equity markets ebbed and flowed on Tuesday before breaking away with the Dow Jones Industrial Average adding over 1,167 points clawing back ...
  • Sanders fights for another Rust Belt upset to regain momentum against BidenSanders fights for another Rust Belt upset to regain momentum against Biden
    By Paul Steinhauser | Fox News Underscoring what’s at stake for his White House bid when Michigan and five other states hold Democratic presidential nomination contests on Tuesday, Sen. ...
  • Mark Meadows, Trump’s incoming chief of staff, to self-quarantine over coronavirus fearsMark Meadows, Trump’s incoming chief of staff, to self-quarantine over coronavirus fears
    By Edmund DeMarche | Fox News Mark Meadows, President Trump’s incoming White House chief of staff, may have come in contact with the Conservative Political Action Conference attendee who ...
  • Trump camp fires back after Twitter labels Biden video ‘manipulated’Trump camp fires back after Twitter labels Biden video 'manipulated'
    By Gregg Re | Fox News EXCLUSIVE: The Trump campaign has sent a scathing letter to Twitter’s leadership after the platform took the unprecedented step of labeling one of its ...
  • Bernie Sanders, at Fox News Town Hall, hits Clinton for efforts to ‘relive’ 2016, Biden for backing ‘crooks’Bernie Sanders, at Fox News Town Hall, hits Clinton for efforts to 'relive' 2016, Biden for backing 'crooks'
    By Gregg Re | Fox News As his struggling campaign seeks a big win in Michigan’s Tuesday primary, Bernie Sanders took the stage at a Fox News Town Hall ...
  • Biden’s brother facing fraud allegations, used family ties to advance business interests: reportBiden's brother facing fraud allegations, used family ties to advance business interests: report
    By Ronn Blitzer | Fox News A new report reveals legal problems and allegations of possible fraud involving former Vice President Joe Biden’s brother James, in the latest ...
  • New Jersey security guard arrested over licensed gun, legal ammoNew Jersey security guard arrested over licensed gun, legal ammo
    By Stephen Gutkowski | Washington Free Beacon A New Jersey gun owner is fighting charges for carrying a firearm for which he had a permit and ammunition state police ...
  • Klobuchar ‘ticket’ slip-up at Biden event in Michigan sparks speculation she’ll be his VP pickKlobuchar 'ticket' slip-up at Biden event in Michigan sparks speculation she'll be his VP pick
    By Brie Stimson | Fox News Is her “ticket” punched for a ride on the Biden train? Sen. Amy Klobuchar, D-Minn., sparked vice-presidential speculation Saturday when she said she ...
  • GOP Rep. Elise Stefanik blasts ‘radical Far-Left’ after finding ‘vile’ note on car while grocery shoppingGOP Rep. Elise Stefanik blasts ‘radical Far-Left’ after finding ‘vile’ note on car while grocery shopping
    By Dom Calicchio | Fox News U.S. Rep. Elise Stefanik, a third-term congresswoman from New York State who drew national attention for defending President Trump during impeachment hearings on Capitol Hill last year, ...
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