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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

  • Congressman Calls for Review of Gender-Transition Medications After Mass ShootingCongressman Calls for Review of Gender-Transition Medications After Mass Shooting
    By Mark Tapscott Federal officials should consider pausing or withdrawing government approval of the drugs used in gender-transitioning procedures such as those administered to Nashville ...
  • Supreme Court Inches Closer to Decision in Major Redistricting CaseSupreme Court Inches Closer to Decision in Major Redistricting Case
    By Matthew Vadum The U.S. Supreme Court is moving closer to deciding if it will issue an opinion in a high-profile case in which Republicans ...
  • Biden’s Indo-Pacific Trade Agreement Could Further Strengthen Big Tech Monopolies, Lawmakers WarnBiden’s Indo-Pacific Trade Agreement Could Further Strengthen Big Tech Monopolies, Lawmakers Warn
    By Joseph Lord A coalition of congressional Republicans are speaking out against President Joe Biden’s proposal for a trade agreement they say could further strengthen ...
  • Auto Worker’s Union Withholds Support for Biden’s Reelection Campaign Over His EV PoliciesAuto Worker’s Union Withholds Support for Biden’s Reelection Campaign Over His EV Policies
    By Savannah Hulsey Pointer United Auto Workers (UAW) is delaying its endorsement of President Joe Biden’s reelection campaign, according to a May 2 union memo. The Detroit-based ...
  • Former Intelligence Heads Brennan, Clapper to Testify to House Panel Over Role in Hunter Biden Laptop LetterFormer Intelligence Heads Brennan, Clapper to Testify to House Panel Over Role in Hunter Biden Laptop Letter
    By Savannah Hulsey Pointer Former CIA Director John Brennan and former Director of National Intelligence James Clapper are scheduled to testify before a Congressional panel ...
  • Florida Legislature Passes Sex-Specific Bathroom BillFlorida Legislature Passes Sex-Specific Bathroom Bill
    By Katabella Roberts Florida Republicans passed legislation on May 3 that would make it a crime for individuals to use public restrooms that do not align ...
  • FBI Director Subpoenaed After Whistleblower Reveals ‘Criminal Scheme’ Involving Joe BidenFBI Director Subpoenaed After Whistleblower Reveals ‘Criminal Scheme’ Involving Joe Biden
    By Jack Phillips The Republican-led House Oversight Committee on May 3 subpoenaed the FBI for a file alleging that a whistleblower linked President Joe Biden ...
  • Billionaire Who Funded Lawsuit Against Trump Met With Jeffrey EpsteinBillionaire Who Funded Lawsuit Against Trump Met With Jeffrey Epstein
    By Zachary Stieber The Democrat megadonor who funded a lawsuit accusing former President Donald Trump of defamation met with Jeffrey Epstein at the sex offender’s home. Reid Hoffman, ...
  • ‘Quit Building Big’: Space Force Officials Talk Need for Speed and Agility‘Quit Building Big’: Space Force Officials Talk Need for Speed and Agility
    By Nathan Worcester Defense officials told senators what they think the United States must do to compete with China and other rivals in space. Time, they ...
  • IRS Spent $10 Million on Weapons Since COVID-19 Pandemic Began: WatchdogIRS Spent $10 Million on Weapons Since COVID-19 Pandemic Began: Watchdog
    By Katabella Roberts The Internal Revenue Service (IRS) has been splashing out millions stocking up on guns, ammunition, and combat gear since 2020, according to the findings ...
  • Trump to Partake in CNN Town HallTrump to Partake in CNN Town Hall
    By Jackson Richman Former President Donald Trump, the current frontrunner for the GOP presidential nomination in 2024, is set to participate in a May 10 ...
  • Biden’s Delayed Offshore Oil and Gas Plan Sparks Pushback From CongressBiden’s Delayed Offshore Oil and Gas Plan Sparks Pushback From Congress
    By John Haughey The U.S. Department of Interior’s (DOI) reauthorization of its five-year National Outer Continental Shelf Oil & Gas Leasing Program is months overdue and ...
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