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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

  • Vance: Presidents Should Have Role in Deciding Monetary PolicyVance: Presidents Should Have Role in Deciding Monetary Policy
    By Joseph Lord Republican vice presidential candidate Sen. JD Vance (R-Ohio) on Aug. 11 reiterated former President Donald Trump’s calls for the president to have ...
  • Major Union Endorses Harris’s Promise to End Taxes on Tips After Criticizing Trump for Same PlanMajor Union Endorses Harris’s Promise to End Taxes on Tips After Criticizing Trump for Same Plan
    By Joseph Lord The Culinary Workers Union in Nevada endorsed a plan by Vice President Kamala Harris to end taxes on tips for service workers ...
  • Microsoft Says US Presidential Campaign Targeted by Iran-Backed HackersMicrosoft Says US Presidential Campaign Targeted by Iran-Backed Hackers
    By Tom Ozimek Microsoft’s cyber threat assessment unit said on Aug. 9 that a high-ranking official on a U.S. presidential campaign had been hacked by ...
  • Half of Orange County’s Residents Hope to Move, Survey FindsHalf of Orange County’s Residents Hope to Move, Survey Finds
    By Jill McLaughlin Half of residents in California’s third-most populated county say they are considering moving, a survey published Aug. 9 revealed. The survey—conducted by the ...
  • RFK Jr. Says He Will ‘For Sure’ Have His Name on All 50 State BallotsRFK Jr. Says He Will ‘For Sure’ Have His Name on All 50 State Ballots
    By Aldgra Fredly Independent presidential candidate Robert F. Kennedy Jr. has expressed confidence that he would secure ballot access in all 50 states, despite facing ...
  • Veteran who served in Tim Walz’s battalion addresses stolen valor accusations: ‘Far darker than people think’Veteran who served in Tim Walz's battalion addresses stolen valor accusations: 'Far darker than people think'
    By Yael Halon A veteran who served with Harris running mate Gov. Tim Walz accused him of embellishing his time in the service and abandoning his unit ...
  • US Marshals Arrest Over 230 Fugitives, Including Rapists and Murderers, in Maryland OperationUS Marshals Arrest Over 230 Fugitives, Including Rapists and Murderers, in Maryland Operation
    By Tom Ozimek The U.S. Marshals Service has announced the conclusion of “Operation Silver Shield,” a 90-day interagency operation that resulted in the arrest of ...
  • RNC Asks Supreme Court to Reinstate Arizona’s Citizenship Check Voting LawsRNC Asks Supreme Court to Reinstate Arizona’s Citizenship Check Voting Laws
    By Katabella Roberts The Republican National Committee (RNC) is asking on the U.S. Supreme Court to reinstate an Arizona law requiring voters to prove their ...
  • Virginia Governor Orders Measures to Tighten Election SecurityVirginia Governor Orders Measures to Tighten Election Security
    By Jackson Richman Virginia Gov. Glenn Youngkin signed an executive order on Aug. 7 to implement security measures ahead of the November election. These measures include ...
  • As Gas Tax Revenues Slow, States Urged to Open Throttle on New Ways to Pay for RoadsAs Gas Tax Revenues Slow, States Urged to Open Throttle on New Ways to Pay for Roads
    By John Haughey LOUISVILLE, Kentucky—State Motor Fuel Tax (MFT) revenues are flat and even declining in some states because automobiles are increasingly more fuel-efficient, ensuring ...
  • Vulnerable Democrat, Trump-Backed Challenger Advance in Battleground Washington PrimaryVulnerable Democrat, Trump-Backed Challenger Advance in Battleground Washington Primary
    By Arjun Singh Rep. Marie Gluesenkamp Perez (D-Wash.) and her Republican challenger Joe Kent advanced to the general election runoff in Washington’s congressional primary election ...
  • Kansas Police Chief Who Led Raid of Newspaper Violated Law: ProsecutorsKansas Police Chief Who Led Raid of Newspaper Violated Law: Prosecutors
    By Zachary Stieber Prosecutors hired to investigate the search warrants executed on a Kansas newspaper, and the homes of an editor and reporter, claim that ...
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