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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

  • Harvey Weinstein found guilty of third-degree rape, criminal sex act; DA says case ‘changed the course of history’Harvey Weinstein found guilty of third-degree rape, criminal sex act; DA says case 'changed the course of history'
    By Sasha Savitsky, Marta Dhanis, Tyler McCarthy | Fox News NEW YORK – Former Hollywood film producer Harvey Weinstein was found guilty by a Manhattan jury Monday of two of five charges ...
  • Dow tumbles over 1,000 points as coronavirus crisis spiralsDow tumbles over 1,000 points as coronavirus crisis spirals
    By Jonathan Garber FOXBusiness The Dow Jones Industrial Average is now negative for the year. U.S. equity markets experienced a sharp selloff on Monday after a surge in the ...
  • Tennessee doctor convicted in region’s first ‘Opioid Strike Force Takedown’Tennessee doctor convicted in region’s first ‘Opioid Strike Force Takedown’
    By Bradford Betz | Fox News A Tennessee doctor pleaded guilty Friday to distributing opioids to people who were not his patients, marking the first conviction for the Appalachian Regional Prescription ...
  • Philip Haney, DHS whistleblower during Obama era, found dead, police sayPhilip Haney, DHS whistleblower during Obama era, found dead, police say
    By Nick Givas | Fox News Philip Haney, a Department of Homeland Security (DHS) whistleblower who was an outspoken critic of the administration of former President Barack Obama, ...
  • Graham reveals big questions he has ahead of Senate FISA probeGraham reveals big questions he has ahead of Senate FISA probe
    By Ronn Blitzer | Fox News Sen. Lindsey Graham, R-S.C., revealed key questions he has going into the Senate Judiciary Committee’s investigation of the initiation of the Russia probe and the FBI’s ...
  • Trump congratulates Sanders on Nevada caucuses: ‘Don’t let them take it away from you’Trump congratulates Sanders on Nevada caucuses: 'Don’t let them take it away from you'
    By Nick Givas | Fox News Following Vermont Sen. Bernie Sanders’ projected win in the Nevada caucuses on Saturday, President Trump tweeted his congratulations and advised ...
  • Bernie Sanders projected to win Nevada caucusesBernie Sanders projected to win Nevada caucuses
    By Adam Shaw, Paul Steinhauser | Fox News Sen. Bernie Sanders will win the Nevada caucuses, Fox News is projecting, furthering the democratic socialist’s lead over his Democratic rivals and raising the question ...
  • Warren Buffett acknowledges he won’t live forever, tells investors: ‘Don’t worry’Warren Buffett acknowledges he won't live forever, tells investors: 'Don't worry'
    By James Leggate FOXBusiness Berkshire Hathaway ‘100% prepared,’ Buffett says. Warren Buffett isn’t getting any younger, but the “Oracle of Omaha” doesn’t want Berkshire Hathaway investors to worry: The company ...
  • Bloomberg campaign office in Utah vandalized, one day after pointing finger at Bernie supporters for similar incidentBloomberg campaign office in Utah vandalized, one day after pointing finger at Bernie supporters for similar incident
    By Marisa Schultz, Kelly Phares | Fox News Michael Bloomberg’s campaign headquarters in Utah was vandalized Friday night, just a day after his Tennessee office was defaced and Bloomberg’s ...
  • Nevada caucuses get underway as state Dems hope to avoid repeat of Iowa chaosNevada caucuses get underway as state Dems hope to avoid repeat of Iowa chaos
    By Adam Shaw, Paul Steinhauser | Fox News The Nevada caucuses are getting underway on Saturday as Democratic presidential hopefuls face a more diverse electorate, with Sen. Bernie Sanders ...
  • Trump furious Americans infected with coronavirus flew back to US without his permission: reportTrump furious Americans infected with coronavirus flew back to US without his permission: report
    By Marisa Schultz | Fox News President Trump was furious that 14 Americans infected with the coronavirus returned to the United States without his permission rather than remain in quarantine overseas, according to a ...
  • Trump, Schiff spar ahead of Nevada caucuses over claim Russians trying to help Bernie SandersTrump, Schiff spar ahead of Nevada caucuses over claim Russians trying to help Bernie Sanders
    By Alex Pappas | Fox News President Trump and Democratic Rep. Adam Schiff tangled on Twitter ahead of the Nevada caucuses on Saturday over the reports U.S. officials believe Russia is attempting ...
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