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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

  • America in Brief: Hunter Biden Uses Trump Ruling to Appeal ConvictionAmerica in Brief: Hunter Biden Uses Trump Ruling to Appeal Conviction
    By Stuart Liess U.S. President Joe Biden’s son, Hunter Biden, is appealing to have his recent conviction overturned, citing the appeals court ruling earlier this ...
  • Trump Says He Was Not Warned of Would-Be Assassin on Roof Before Speaking at RallyTrump Says He Was Not Warned of Would-Be Assassin on Roof Before Speaking at Rally
    By Jack Phillips Former President Donald Trump that he was not told about a gunman on the roof of a building before he was shot ...
  • Biden Drops Out of Presidential Race: What’s Next?Biden Drops Out of Presidential Race: What’s Next?
    By Jacob Burg and Emel Akan President Joe Biden pulled out of the 2024 presidential race on July 21 and immediately endorsed Vice President ...
  • New Hampshire Bans Transgender Procedures for Children, Reserves Girls’ Sports for FemalesNew Hampshire Bans Transgender Procedures for Children, Reserves Girls’ Sports for Females
    By Bill Pan New Hampshire Gov. Chris Sununu on July 19 signed three bills and vetoed one that affect how schools, businesses, and medical establishments ...
  • Former White House Doctor Reveals Details of Trump Injury in Assassination AttemptFormer White House Doctor Reveals Details of Trump Injury in Assassination Attempt
    By Tom Ozimek A week after the assassination attempt on former President Donald Trump, former White House physician and current Rep. Ronny Jackson (R-Texas) issued ...
  • Jason Aldean, Hulk Hogan, Other Celebrities Appear at RNC to Support TrumpJason Aldean, Hulk Hogan, Other Celebrities Appear at RNC to Support Trump
    By Audrey Enjoli A handful of entertainers, celebrities, and other high-profile figures were among the tens of thousands who descended on Milwaukee, Wisconsin, this week ...
  • Biden’s Doctor Provides Medical UpdateBiden’s Doctor Provides Medical Update
    By Jacob Burg President Joe Biden’s White House physician, Dr. Kevin O’Connor, released a letter on July 18 with an update on the president’s COVID-19 ...
  • Some States Embrace CO2 Cap-and-Trade Schemes, Others Reject ThemSome States Embrace CO2 Cap-and-Trade Schemes, Others Reject Them
    By Kevin Stocklin The United States is following Europe’s lead in instituting cap-and-trade regimes to reduce CO2 emissions, but America’s journey is split between two ...
  • Vance, Working Class, Gold Star Families Honored: Takeaways From Day 3 of RNCVance, Working Class, Gold Star Families Honored: Takeaways From Day 3 of RNC
    By Lawrence Wilson, Nathan Worcester and Janice Hisle MILWAUKEE—Vice Presidential nominee Sen. JD Vance headlined Day 3 of the Republican National Convention, presenting former President ...
  • Melania and Ivanka Trump Will ‘Certainly’ Attend RNC, Eric Trump SaysMelania and Ivanka Trump Will ‘Certainly’ Attend RNC, Eric Trump Says
    By Jack Phillips Former President Donald Trump’s son Eric Trump confirmed that his stepmother, former First Lady Melania Trump, as well as his sister Ivanka ...
  • After Injured Trump Arrived at Pennsylvania Hospital, ER Patients PrayedAfter Injured Trump Arrived at Pennsylvania Hospital, ER Patients Prayed
    By Beth Brelje With temperatures in the 90s, an ambulance was making round trips between the July 13 Pennsylvania Trump rally and the Butler Memorial ...
  • How Congress Is Forced to Adapt Post-Chevron SCOTUS RulingHow Congress Is Forced to Adapt Post-Chevron SCOTUS Ruling
    By Arjun Singh WASHINGTON—The Supreme Court’s decision to strike down the Chevron deference, which had the effect of enhancing federal agency power, has been deemed ...
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