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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

  • Bipartisan Senators Call for Permitting Reform to Boost Domestic ManufacturingBipartisan Senators Call for Permitting Reform to Boost Domestic Manufacturing
    By John Haughey President Joe Biden is sabotaging his own success in reviving domestic manufacturing by entangling the nation’s electric grid in regulatory red tape, ...
  • Trump Demands Biden Take Drug Test Before First DebateTrump Demands Biden Take Drug Test Before First Debate
    By Naveen Athrappully Former President Donald Trump said he wants President Joe Biden to take a drug test ahead of the first presidential debate next ...
  • Republicans Highlight Early Voting, Ballot Harvesting, and Drop Boxes at California GOP MeetingRepublicans Highlight Early Voting, Ballot Harvesting, and Drop Boxes at California GOP Meeting
    By Nathan Worcester BURLINGAME, Calif.—Midway through her remarks at the California GOP’s spring meeting, Harmeet Dhillon quipped about some of the alternatives to conventional same-day ...
  • Jack Smith’s Appointment Violated the Constitution, Some Legal Experts ArgueJack Smith’s Appointment Violated the Constitution, Some Legal Experts Argue
    By Catherine Yang Days before Attorney General Merrick Garland appointed special counsel Jack Smith to investigate former President Donald Trump, experts who had been following ...
  • Star Witness Michael Cohen Admits Stealing Tens of Thousands From Trump OrganizationStar Witness Michael Cohen Admits Stealing Tens of Thousands From Trump Organization
    By Jack Phillips Former Trump associate and lawyer Michael Cohen on Monday admitted to stealing thousands of dollars from the Trump Organization as he testified ...
  • RNC Suit Seeks Information About $2 Million ‘Zuckerbucks’ Grant in GeorgiaRNC Suit Seeks Information About $2 Million ‘Zuckerbucks’ Grant in Georgia
    By Austin Alonzo The Republican National Committee is filing suit to see if one of Georgia’s most populous counties illegally received private funding for its ...
  • Conservative Group Files Emergency Court Motion to Get Biden–Hur Audio TapesConservative Group Files Emergency Court Motion to Get Biden–Hur Audio Tapes
    By Tom Ozimek The Heritage Foundation, a conservative think-tank, has filed an emergency motion in a Washington court seeking to accelerate the release of audio ...
  • Texas Judge Orders New Election for Harris County Judicial SeatTexas Judge Orders New Election for Harris County Judicial Seat
    By Jana J. Pruet A Texas judge has ordered Harris County to hold a new election for judge in the 180th District Court following a ...
  • Oregon’s Mailed Ballot Returns Delayed Due to Confusion About Counting ProcessOregon’s Mailed Ballot Returns Delayed Due to Confusion About Counting Process
    By Scottie Barnes Post offices in two Oregon counties have caused delays in getting ballots from local post offices to county election offices ahead of ...
  • FCC Chair Seeks $6 Billion to Continue Internet Subsidies for Low-Income HouseholdsFCC Chair Seeks $6 Billion to Continue Internet Subsidies for Low-Income Households
    By Aaron Gifford Federal Communications Commission (FCC) chairwoman Jessica Rosenworcel asked members of Congress for $6 billion in emergency aid on Thursday to continue funding ...
  • 40 Percent of Arrestees in UC Irvine Protest Had No Connection With School40 Percent of Arrestees in UC Irvine Protest Had No Connection With School
    By Rudy Blalock Forty percent of arrestees in the Pro-Palestinian protest at the University of California–Irvine May 15 had no connection with the school, according ...
  • Trump Says He May Wait to Announce VP at July GOP ConventionTrump Says He May Wait to Announce VP at July GOP Convention
    By Chase Smith As anticipation builds for who former President Donald Trump will choose as his 2024 running mate, the 45th president said in an ...
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