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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

  • Five Takeaways From the DeSantis 2024 Campaign Launch NightFive Takeaways From the DeSantis 2024 Campaign Launch Night
    By Ivan Pentchoukov, Joseph Lord, Samantha Flom, Savannah Hulsey Pointer and Dan Berger Florida Gov. Ron DeSantis paid a price on the opening night of his campaign for gambling on ...
  • Trump Says E. Jean Carroll’s Amended Lawsuit Is ‘Part of Democrats’ Playbook’Trump Says E. Jean Carroll’s Amended Lawsuit Is ‘Part of Democrats’ Playbook’
    By Lorenz Duchamps Former President Donald Trump responded Tuesday to an amended defamation complaint filed by E. Jean Carroll that asked a court to include compensatory ...
  • ANALYSIS: How Much Did Brennan, Obama, and Comey Actually Know Before FBI Opened Investigation Into TrumpANALYSIS: How Much Did Brennan, Obama, and Comey Actually Know Before FBI Opened Investigation Into Trump
    By Jeff Carlson News analysis Few other officials in government had such a large hand in establishing and promoting the Russia-Collusion Hoax as did former CIA ...
  • Newly Revealed Records Show How Probe Into Clinton Foundation EndedNewly Revealed Records Show How Probe Into Clinton Foundation Ended
    By Zachary Stieber Federal prosecutors refused to bring charges against the Clinton Foundation, prompting the FBI to close an investigation into the organization, newly released ...
  • Debt Limit Default Could Cost California More Than 840,000 Jobs: AnalystsDebt Limit Default Could Cost California More Than 840,000 Jobs: Analysts
    By Travis Gillmore With the debt limit debate raging in Washington, D.C., some experts are projecting significant impacts on regional economies if no deal is ...
  • House Votes Against EPA Truck Emissions Rule, Setting Up Biden VetoHouse Votes Against EPA Truck Emissions Rule, Setting Up Biden Veto
    By Nathan Worcester The House voted on May 23 to overturn the Biden administration’s rule on heavy-duty vehicles’ tailpipe emissions, the latest knock against the ...
  • DeSantis Says 7–2 Supreme Court Majority Possible During Next 2 Presidential TermsDeSantis Says 7–2 Supreme Court Majority Possible During Next 2 Presidential Terms
    By Bill Pan Florida Gov. Ron DeSantis, who will officially announce his 2024 presidential run on Twitter on May 24, is envisaging the establishment of ...
  • Arizona’s Kari Lake Announces Plans to ‘Paint the State Red,’ Appeal Election RulingArizona’s Kari Lake Announces Plans to ‘Paint the State Red,’ Appeal Election Ruling
    By Samantha Flom Arizona Republican Kari Lake is launching a grassroots “ballot-chasing” operation to boost Republican turnout in future Arizona elections and “paint the state ...
  • Kari Lake Says ‘Big Announcement’ Coming After Judge Tosses Her Election LawsuitKari Lake Says ‘Big Announcement’ Coming After Judge Tosses Her Election Lawsuit
    By Tom Ozimek Republican Kari Lake, who has been contesting the results of last year’s Arizona gubernatorial election, teased that a “big announcement” is coming ...
  • ‘I Have Only Begun to Fight’: DeSantis Vows to Protect Faith at Religious Broadcasters Event‘I Have Only Begun to Fight’: DeSantis Vows to Protect Faith at Religious Broadcasters Event
    By John Haughey Florida Gov. Ron DeSantis did not say he was running for president but he sure sounded like a man with plans beyond ...
  • US Secures Defense Pact With Papua New Guinea Amid China ConcernsUS Secures Defense Pact With Papua New Guinea Amid China Concerns
    By Aldgra Fredly The United States and Papua New Guinea (PNG) signed a defense cooperation agreement on Monday to solidify their bilateral ties as the ...
  • McCarthy Believes Congress Will Get FBI Record Showing Alleged Biden Bribery SchemeMcCarthy Believes Congress Will Get FBI Record Showing Alleged Biden Bribery Scheme
    By Dorothy Li House Speaker Kevin McCarthy (R-Calif.) said on May 21 he was hopeful that Congress would obtain an FBI record that allegedly links ...
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