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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

  • Guns, Ammunition Sales Shoot Up in California Border TownGuns, Ammunition Sales Shoot Up in California Border Town
    By Brad Jones Unease over rampant illegal immigration and crime are contributing to a spike in local guns and ammunition sales in border towns, according ...
  • Trump Leads Biden by 10 Points in Latest Election Poll: Rasmussen ReportsTrump Leads Biden by 10 Points in Latest Election Poll: Rasmussen Reports
    By Naveen Athrappully Former President Donald Trump has boosted his lead over President Joe Biden to ten percentage points ahead of the upcoming elections, according ...
  • Former Trump Official Seeking to Flip Democrat Senate Seat Announces ‘Deport Them All’ Plan for Illegal ImmigrationFormer Trump Official Seeking to Flip Democrat Senate Seat Announces ‘Deport Them All’ Plan for Illegal Immigration
    By Tom Ozimek Jeff Gunter, a former Trump official who’s looking to flip a key U.S. Senate seat in Nevada from Democrat to Republican, has ...
  • Special Counsel Jack Smith Admits Prosecutors Misled Judge in Trump CaseSpecial Counsel Jack Smith Admits Prosecutors Misled Judge in Trump Case
    By Zachary Stieber Special counsel Jack Smith’s team on May 3 acknowledged they misled U.S. District Judge Aileen Cannon regarding the handling of evidence in ...
  • US Labor Market Cools Off After Less-Than-Expected 175,000 New JobsUS Labor Market Cools Off After Less-Than-Expected 175,000 New Jobs
    By Andrew Moran The U.S. labor market showed further signs of cooling down after the economy added a smaller-than-expected 175,000 new jobs last month, down ...
  • RNC, Trump Campaign Challenge Nevada Mail-In Ballot RulesRNC, Trump Campaign Challenge Nevada Mail-In Ballot Rules
    By Austin Alonzo The most powerful voices in Republican politics are seeking to prevent Nevada from accepting mail-in ballots received up to four business days ...
  • 26 States File Lawsuits in Federal Courts Over ATF Redefinition of Gun Dealers26 States File Lawsuits in Federal Courts Over ATF Redefinition of Gun Dealers
    By Michael Clements Attorneys general representing half of the country sued the Biden administration on May 1 over a new rule requiring criminal background checks ...
  • Trump Vows to Revive Auto Manufacturing at Michigan RallyTrump Vows to Revive Auto Manufacturing at Michigan Rally
    By Lawrence Wilson FREELAND, Mich.—President Donald Trump rallied some 3,500 supporters in this working-class community, vowing to reignite the auto industry in the state that ...
  • Trump Lays Out Plan for Second Term in TIME InterviewTrump Lays Out Plan for Second Term in TIME Interview
    By Chase Smith In an in-depth interview with TIME magazine, former President Donald Trump laid out his agenda for a second term should he retake ...
  • House GOP Probes Links Between Biden DOJ and Top Bragg Prosecutor in Trump TrialHouse GOP Probes Links Between Biden DOJ and Top Bragg Prosecutor in Trump Trial
    By Tom Ozimek The House Judiciary Committee is investigating a top prosecutor on Manhattan District Attorney Alvin Bragg’s case against former President Trump for his ...
  • Independent Candidate RFK Jr. Clinches Spot on California Presidential BallotIndependent Candidate RFK Jr. Clinches Spot on California Presidential Ballot
    By Aldgra Fredly Independent presidential candidate Robert F. Kennedy Jr. secured his spot on the California presidential ballot after receiving a nomination from the American ...
  • Dershowitz Says Bragg’s Case Against Trump Will Fail Because It’s Based on Fake CrimesDershowitz Says Bragg’s Case Against Trump Will Fail Because It’s Based on Fake Crimes
    By Tom Ozimek Retired Harvard law professor Alan Dershowitz said on April 28 that he believes that Manhattan District Attorney Alvin Bragg’s case against former ...
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