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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

  • US Could Deploy More Nuclear Weapons Amid China, Russia Threats: OfficialUS Could Deploy More Nuclear Weapons Amid China, Russia Threats: Official
    By Andrew Thornebrooke The Biden administration may seek to deploy additional nuclear weapons amid increasing aggression by China and Russia, according to one official. Expanding the ...
  • Trump Campaign Launches Major Mail-In Ballot Initiative Ahead of 2024 ElectionTrump Campaign Launches Major Mail-In Ballot Initiative Ahead of 2024 Election
    By Jack Phillips Former President Donald Trump announced he’s launching a move to increase and encourage Republican early voting as well as the use of ...
  • After Trump Verdict, Swing State Poll Shows How It Impacts Voters’ DecisionsAfter Trump Verdict, Swing State Poll Shows How It Impacts Voters’ Decisions
    By Jack Phillips Days after former President Donald Trump was found guilty by a Manhattan jury, a poll in a 2024 battleground state shows that ...
  • Hallie Biden Testifies Hunter Biden Was Using Drugs During Period He Bought GunHallie Biden Testifies Hunter Biden Was Using Drugs During Period He Bought Gun
    By Jacob Burg and Stacy Robinson WILMINGTON, Del.—Prosecutors called Hallie Biden to testify on June 6, the fourth day of Hunter Biden’s federal gun trial, ...
  • Experts Weigh In on Trump’s Options for Appeal After ConvictionExperts Weigh In on Trump’s Options for Appeal After Conviction
    By Sam Dorman Former President Donald Trump has vowed to appeal his May 30 conviction in New York and attorneys have indicated that he has ...
  • Hunter Biden’s Ex-Romantic Partners Testify on His Addiction in Gun TrialHunter Biden’s Ex-Romantic Partners Testify on His Addiction in Gun Trial
    By Jacob Burg and Stacy Robinson WILMINGTON, Del.—Hunter Biden’s federal gun trial entered its third day on June 5 as prosecutors called his ex-wife and ...
  • Legal Experts Back Trump’s Motion to Dismiss Case Due to Jack Smith’s ‘Unlawful Appointment’Legal Experts Back Trump’s Motion to Dismiss Case Due to Jack Smith’s ‘Unlawful Appointment’
    By Tom Ozimek A handful of legal experts, including two former attorneys general, have filed a request to participate in an upcoming court hearing in ...
  • Silicon Valley Billionaire Says He’s Backing Trump AgainSilicon Valley Billionaire Says He’s Backing Trump Again
    By Bill Pan Doug Leone, a billionaire investor who renounced his support of President Donald Trump three years ago following the Jan. 6 breach of ...
  • Trump Urges US Supreme Court to Decide Before His Sentencing DateTrump Urges US Supreme Court to Decide Before His Sentencing Date
    By Jack Phillips Former President Donald Trump has called on the U.S. Supreme Court to quickly intervene after he was convicted of falsifying business records ...
  • Why Trump Guilty Verdict Might Not Change Minds in Key Swing StatesWhy Trump Guilty Verdict Might Not Change Minds in Key Swing States
    By Lawrence Wilson, Nathan Worcester The felony conviction of former President Donald Trump on 34 counts of falsifying business records is likely to change few ...
  • Senate Candidate Kari Lake Blasts ‘Bogus’ Conviction of President Trump During Campaign StopSenate Candidate Kari Lake Blasts ‘Bogus’ Conviction of President Trump During Campaign Stop
    By Allan Stein SHOW LOW, Ariz.—Kari Lake, an Arizona Republican and U.S. Senate candidate, said it would take “all hands on deck” to stand up ...
  • Dershowitz Says Trump Could Fast-Track His Appeal to Supreme CourtDershowitz Says Trump Could Fast-Track His Appeal to Supreme Court
    By Tom Ozimek Amid speculation about how former President Donald Trump’s appeal of his conviction will play out, retired Harvard Law professor Alan Dershowitz said ...
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