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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

  • Democrats Commit Vastly More Dark Money Than Republicans for 2024Democrats Commit Vastly More Dark Money Than Republicans for 2024
    By Austin Alonzo Democratic dark money groups, megadonors, and unions are funding a massive spending effort aimed at reelecting President Joe Biden and advancing the ...
  • Judge in Tax Evasion Case Highlights Flaws in Hunter Biden’s Legal ManeuverJudge in Tax Evasion Case Highlights Flaws in Hunter Biden’s Legal Maneuver
    By Caden Pearson The federal judge who rejected Hunter Biden’s eight motions to dismiss his tax evasion charges highlighted deficiencies in a subsequent request to ...
  • RNC Shifts Focus to Election IntegrityRNC Shifts Focus to Election Integrity
    By Joseph Lord As the Republican National Committee (RNC) shifts much of its 2024 focus to ensuring election integrity, RNC officials discussed the measures they’re ...
  • SEC Forced to Halt Climate Reporting Mandate for BusinessesSEC Forced to Halt Climate Reporting Mandate for Businesses
    By Naveen Athrappully The U.S. Securities and Exchange Commission (SEC) paused the implementation of its climate disclosure requirements for companies as legal challenges against the ...
  • Trump Files Recusal Motion for Judge Overseeing Hush Money CaseTrump Files Recusal Motion for Judge Overseeing Hush Money Case
    By Aldgra Fredly Former President Donald Trump has filed a motion to recuse Manhattan Supreme Court Justice Juan Merchan, who oversees his hush money case, ...
  • Fani Willis Accused of Illegally Recording Trump Defendant’s LawyerFani Willis Accused of Illegally Recording Trump Defendant’s Lawyer
    By Jack Phillips A lawyer for one of former President Donald Trump’s co-defendants in the Georgia case claimed in a new interview that Fulton County ...
  • Trump to Rake in $43 Million at Fundraiser, Dwarfing Biden’s Record $26 Million HaulTrump to Rake in $43 Million at Fundraiser, Dwarfing Biden’s Record $26 Million Haul
    By Janice Hisle and Austin Alonzo Thanks to one big fundraiser in Palm Beach, Florida, former President Donald Trump’s campaign will emerge $43 million richer ...
  • Fani Willis Appears to Defy Judge, Talks About Race AgainFani Willis Appears to Defy Judge, Talks About Race Again
    By Jack Phillips Fulton County District Attorney Fani Willis publicly discussed race again apparently in response to a Georgia judge’s rebuke over her previous race-related ...
  • Louisiana Senate Passes Bill Declaring Global Entities Like WHO Will Have No Authority in Their StateLouisiana Senate Passes Bill Declaring Global Entities Like WHO Will Have No Authority in Their State
    By Patricia Tolson Louisiana state senators have unanimously passed a bill that would block international organizations like the World Health Organization from having any power ...
  • Trump Denounces Biden’s Border Policies as ‘Country-Wrecking’Trump Denounces Biden’s Border Policies as ‘Country-Wrecking’
    By Janice Hisle GRAND RAPIDS, Mich.—The immigration policies of President Joe Biden are “country-wrecking,” because of the number of illegal immigrants who are flooding into ...
  • Wife of Judge In Trump ‘Hush Money’ Trial Worked for AG Letitia JamesWife of Judge In Trump ‘Hush Money’ Trial Worked for AG Letitia James
    By Tom Ozimek Lara Merchan, the wife of the judge presiding over former President Donald Trump’s “hush money” case in Manhattan, once worked for New ...
  • ICE to Deport 215 Illegal Immigrants Involved in Riot at Border Wall in El PasoICE to Deport 215 Illegal Immigrants Involved in Riot at Border Wall in El Paso
    By Tom Ozimek Customs officials are working to deport 215 illegal immigrants charged with various offenses in connection with breaking through a razor wire barrier ...
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