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Business

Google to Pay $1.4 Billion to Texas, Settle Data Privacy Case

by USNN World NewsMay 10, 2025May 10, 2025

Healthcare

FDA Approves 3 Natural Color Additives Amid Push to Remove Artificial Food Coloring

by USNN World NewsMay 10, 2025May 10, 2025

World

India and Pakistan Agree to US-Mediated Cease-Fire

by USNN World NewsMay 10, 2025June 6, 2025

World

Ukraine and Allies Call on Russia to Accept US Cease-Fire Proposal

by USNN World NewsMay 10, 2025May 10, 2025

Immigration

Judge Warns Trump’s Order May Violate Previous Ruling on Sanctuary Cities

by USNN World NewsMay 10, 2025May 10, 2025

Sports

Warriors’ Steph Curry Addresses Hamstring Injury: ‘Hopefully I’ll Be Back Soon’

by USNN World NewsMay 9, 2025May 9, 2025

National News

US Could Hit Debt Limit in August, Bessent Says

by 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.”

Economy

Panasonic Announces 10,000 Layoffs Worldwide

by USNN World NewsMay 9, 2025May 9, 2025

National News

DHS Says House Democrats and Protesters ‘Stormed’ ICE Detention Center

by USNN World NewsMay 9, 2025August 20, 2025

National News

FEMA Confirms Acting Administrator Hamilton Has Been Replaced

by USNN World NewsMay 9, 2025August 19, 2025

Sports

Sheriff Scheffler’s Seismic Resurgence: First 2025 Win Secured, PGA Championship Looming

by USNN World NewsMay 8, 2025May 8, 2025

NATIONAL NEWS

Parents Should Oppose Critical Race Theory to ‘Save Our Kids’ from Left-Wing Indoctrination: AG Paxton

By Tom Ozimek Texas Attorney General Ken Paxton on Tuesday praised parents for pushing back against the teaching of the quasi-Marxist critical race theory in the nation’s schools, urging ...

Trump Endorses Elise Stefanik to Replace Liz Cheney in House GOP Leadership

By Zachary Stieber Rep. Elise Stefanik (R-N.Y.) should assume the position in the House Republican leadership that Rep. Liz Cheney (R-Wyo.) currently holds, former President Donald Trump said on ...

Losing Texas Candidate Issues Warning: 2022 ‘Could Be Major Setback’ for Democrats

By Jack Phillips A Democratic candidate who lost her bid during last weekend’s Texas congressional special election sounded the alarm that the 2022 midterms “could be a ...

Ghislaine Maxwell’s Sex Crimes Trial in New York Delayed Until Fall

By Reuters NEW YORK—A U.S. judge on Monday granted Ghislaine Maxwell’s request to delay her trial on charges she procured teenage girls for the late financier Jeffrey ...

Misinformation Lingers After Incorrect Reporting About Giuliani, FBI

By Zachary Stieber NBC, New York Times, Washington Post corrected stories about the former mayor. Misinformation promoted by NBC and two other news outlets about Rudy Giuliani was later corrected, ...

CCP-Linked Firms May Have Received More Than $400 Million in Virus Relief Loans

By Mark Tapscott Federal tax officials should launch a forensic audit and investigation of more than 125 U.S. firms with significant links to the Chinese ...

Abbott Calls on Democratic Party Official to Resign Following ‘Disgusting’ Racial Slur Against Sen. Scott

By Isabel Van Brugen Texas Gov. Greg Abbott on Sunday called on a state Democratic Party official to resign after he referred to Sen. Tim Scott (R-S.C.) as ...

Voters Advance 2 Republicans, No Democrats in Texas Special Election Runoff Race

By Jack Phillips Two Republicans will advance to a runoff as the top two vote-getters in the race for Texas’s 6th Congressional District, after no one in the 23-candidate ...

Former Security Adviser: John Kerry Undermined Trump in Unapproved Iran Talks

By Ivan Pentchoukov Former Secretary of State John Kerry repeatedly undercut President Donald Trump’s foreign policy towards Iran during unauthorized talks with senior Iranian officials, according to Keith Kellogg, the former ...

House Republicans Question Biden Administration on ‘Questionable’ Census Results

By Zachary Stieber A group of House Republicans questioned whether political interference contributed to what they describe as questionable results from the recently completed 2020 ...

Manchin Opposes Washington Statehood Bill, Says ‘Let the People of America Vote’

By Tom Ozimek Sen. Joe Manchin (D-W.Va.) said Friday that he does not support a bill that would make Washington D.C. the nation’s 51st state, dealing a ...

Tennessee Legislature Passes Bill Requiring Watermarks on Absentee Ballots

By Jack Phillips Tennessee’s Legislature approved a bill that requires the addition of a watermark on all absentee ballots in a nearly unanimous vote. Senate Bill 1314 passed ...