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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

  • Trump Rally Draws Tens of Thousands in Blue State New JerseyTrump Rally Draws Tens of Thousands in Blue State New Jersey
    By Janice Hisle WILDWOOD, N.J.—Former President Donald Trump’s unusual speech on the beach on May 11 attracted tens of thousands of fans—a crowd of historic ...
  • Alvin Bragg’s Office Deleted Phone Call Records of Michael Cohen and Stormy Daniels’ LawyerAlvin Bragg’s Office Deleted Phone Call Records of Michael Cohen and Stormy Daniels’ Lawyer
    By Tom Ozimek A paralegal from Manhattan Attorney General Alvin Bragg’s office testified on Friday during former President Donald Trump’s “hush money” trial that some ...
  • RFK Jr.’s VP Pick Urges Supporters to Donate to Lawmakers Who Protect Constitutional FreedomsRFK Jr.’s VP Pick Urges Supporters to Donate to Lawmakers Who Protect Constitutional Freedoms
    By Chase Smith Independent Presidential candidate Robert F. Kennedy Jr.’s vice presidential pick Nicole Shanahan, once a staunch supporter of the Democratic party, urged supporters ...
  • Hunter Biden Trial Set After Court Rejects Bid to Dismiss Gun ChargesHunter Biden Trial Set After Court Rejects Bid to Dismiss Gun Charges
    By Zachary Stieber A federal court on May 9 turned down an attempt by President Joe Biden’s son to dismiss gun charges filed against him ...
  • Barron Trump Makes Political Debut as Florida Delegate to Republican National ConventionBarron Trump Makes Political Debut as Florida Delegate to Republican National Convention
    By Jacob Burg Barron Trump, former President Donald Trump’s 18-year-old youngest son, will serve as a Florida delegate to the Republican National Convention, state party ...
  • 50 Governors Oppose Federal Plan to Move National Guard Units: ‘Power Grab’50 Governors Oppose Federal Plan to Move National Guard Units: ‘Power Grab’
    By Jack Phillips Governors from 50 states, as well as several territories, said they oppose a Department of Defense (DOD) plan to move state National ...
  • Biden Admin Officials Subpoenaed in House GOP Probe Over Potential Electioneering in Key Swing StateBiden Admin Officials Subpoenaed in House GOP Probe Over Potential Electioneering in Key Swing State
    By Tom Ozimek A GOP-led House committee has issued subpoenas to two Biden administration officials amid allegations that the executive branch agency they work for ...
  • Judge Delays Trump Documents Trial, Won’t Set New DateJudge Delays Trump Documents Trial, Won’t Set New Date
    By Catherine Yang U.S. District Judge Aileen Cannon on May 7 reset deadlines in the case special counsel Jack Smith is prosecuting against former President ...
  • RFK Jr. Claims He’ll Win 2024 Election If Americans Don’t Vote Out of FearRFK Jr. Claims He'll Win 2024 Election If Americans Don’t Vote Out of Fear
    By Jeff Louderback and Jan Jekielek If Americans vote out of hope instead of fear, Robert F. Kennedy Jr. will win the 2024 presidential election, ...
  • Social Security Will Go Bankrupt In 2035, One Year Later Than Prior ProjectionsSocial Security Will Go Bankrupt In 2035, One Year Later Than Prior Projections
    By Tom Ozimek A new report shows that the Social Security system’s main trust fund will be depleted by 2035—one year later than a prior ...
  • FAA Opens New Investigation Into Boeing Over 787 Dreamliner InspectionsFAA Opens New Investigation Into Boeing Over 787 Dreamliner Inspections
    By Jacob Burg The Federal Aviation Administration (FAA) opened a new investigation into Boeing on May 6 after the company voluntarily admitted to the agency ...
  • Trump May Seek Sanctions, to Dismiss Charges After Jack Smith AdmissionTrump May Seek Sanctions, to Dismiss Charges After Jack Smith Admission
    By Catherine Yang Attorneys for former President Donald Trump are seeking to push deadlines and file additional motions, including a possible request for sanctions, in ...
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