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Real News, Real Time

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
Trump Says Upcoming US–China Trade Talks Could Result in Tariff Reductions
Posted inWorld

Trump Says Upcoming US–China Trade Talks Could Result in Tariff Reductions

USNN World Newsby USNN World NewsMay 8, 2025May 8, 2025
Cox Automotive Says Tariffs Impacted Wholesale Used Car Prices in April
Posted inEconomy

Cox Automotive Says Tariffs Impacted Wholesale Used Car Prices in April

USNN World Newsby USNN World NewsMay 8, 2025May 12, 2025
What We Know About the India–Pakistan Conflict
Posted inWorld

What We Know About the India–Pakistan Conflict

USNN World Newsby USNN World NewsMay 8, 2025June 26, 2025
Robert Francis Prevost Elected as First American Pope
Posted inBreaking News

Robert Francis Prevost Elected as First American Pope

USNN World Newsby USNN World NewsMay 8, 2025May 8, 2025

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NATIONAL NEWS

  • COVID-19 Emergency Powers, Green New Deal Paving Way for ‘Great Reset’ Tyranny: Climate JournalistCOVID-19 Emergency Powers, Green New Deal Paving Way for ‘Great Reset’ Tyranny: Climate Journalist
    By Ella Kietlinska and Joshua Philipp COVID-19 restrictions and measures to tackle climate change are pillars of the Great Reset initiative aimed to remake global capitalism, leading ultimately to tyrannical ...
  • Government Hasn’t Proven Trump Held Classified Records: Trump LawyersGovernment Hasn’t Proven Trump Held Classified Records: Trump Lawyers
    By Zachary Stieber U.S. officials have not proven that former President Donald Trump held classified records, lawyers for the ex-president said in a new filing on Sept. ...
  • Biden Admin’s New ‘Climate Cop’ Studied at CCP-Controlled University With Ties to Chinese MilitaryBiden Admin’s New ‘Climate Cop’ Studied at CCP-Controlled University With Ties to Chinese Military
    By Frank Fang A former employee at New York’s financial regulator, who once lived in China and got a bachelor’s degree at a Chinese Communist Party-controlled ...
  • GOP Voters ‘Virtually Impossible to Poll’ After Biden’s ‘MAGA Republicans’ Speech: Top PollsterGOP Voters ‘Virtually Impossible to Poll’ After Biden’s ‘MAGA Republicans’ Speech: Top Pollster
    By Jack Phillips Polls may significantly undercount Republican voters and supporters of former President Donald Trump following President Joe Biden’s speech that attacked “MAGA Republicans” earlier this month, ...
  • Tight Job Market Sees IRS Facing Uphill Battle to Hire 87,000 StaffTight Job Market Sees IRS Facing Uphill Battle to Hire 87,000 Staff
    By Bryan Jung The Internal Revenue Service’s plan to massively expand its staff has become more difficult with the tight U.S. labor market. The Democrats’ “Inflation Reduction ...
  • Former DNI Raises Concerns Over Potential ‘Misclassified Documents’ Seized in Mar-a-Lago RaidFormer DNI Raises Concerns Over Potential ‘Misclassified Documents’ Seized in Mar-a-Lago Raid
    By Katabella Roberts Former White House Director of National Intelligence John Ratcliffe said Sunday that the FBI took documents from Donald Trump’s Florida Mar-a-Lago home that had ...
  • Key Dossier Source Confirms He Was Paid by FBI for YearsKey Dossier Source Confirms He Was Paid by FBI for Years
    By Zachary Stieber A key source for the anti-Donald Trump dossier paid for by Democrats has confirmed that he was on the FBI’s payroll for years. Igor ...
  • Trump Says the FBI ‘Colluded With Russia’Trump Says the FBI ‘Colluded With Russia’
    By Jack Phillips Former President Donald Trump on Saturday reversed a long-held Democrat narrative by saying it was the FBI that colluded with Russia—not him. For years, Trump has ...
  • Why ‘Leaving California’ Is Rapidly Growing in PopularityWhy ‘Leaving California’ Is Rapidly Growing in Popularity
    By Jamie Joseph Terry Gilliam, founder of the Facebook groups “Leaving California” and “Life After California,” has garnered more than 250,000 members combined who are ...
  • Half a Billion Worth of Narcotics Seized by US Coast Guard in FloridaHalf a Billion Worth of Narcotics Seized by US Coast Guard in Florida
    By Naveen Athrappully The U.S. Coast Guard has recovered over 28,500 pounds of marijuana and cocaine, offloading it on Thursday at the Base Miami Beach, ...
  • Fauci, the Master Bureaucrat, Says Its Not His FaultFauci, the Master Bureaucrat, Says Its Not His Fault
    By Jeffrey A. Tucker Commentary Let’s imagine that one day, liberty, prosperity, security, and rationality were all shredded. Most of the country could not go to ...
  • Judge Names Special Master to Review FBI Raid Documents, Rejects DOJ Criminal Probe RequestJudge Names Special Master to Review FBI Raid Documents, Rejects DOJ Criminal Probe Request
    By Caden Pearson Florida-based U.S. District Judge Aileen Cannon on Thursday appointed a senior Brooklyn federal judge to serve as special master to independently review documents the FBI seized ...
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