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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

Posts pagination

Newer posts 1 … 75 76 77 78 79 … 590 Older posts

NATIONAL NEWS

  • Trump Raid: Garland, Wray Must Testify Before Congress Over ‘Unbelievable’ Act, Says Jim JordanTrump Raid: Garland, Wray Must Testify Before Congress Over ‘Unbelievable’ Act, Says Jim Jordan
    By Tom Ozimek Rep. Jim Jordan (R-Ohio) said the FBI search of former President Donald Trump’s Mar-a-Lago home was “unbelievable” and “unprecedented,” while demanding that ...
  • Democrats, FBI Colluding to Destroy Trump, Rep. Nehls SaysDemocrats, FBI Colluding to Destroy Trump, Rep. Nehls Says
    By Katie Spence Democrats have one priority, and it’s not the United States, Rep. Troy Nehls (R-Texas) says. Instead, Democrats want to destroy former President Donald ...
  • Rep. Marjorie Taylor Greene Files Articles of Impeachment Against Attorney General Merrick GarlandRep. Marjorie Taylor Greene Files Articles of Impeachment Against Attorney General Merrick Garland
    By Caden Pearson Rep. Marjorie Taylor Greene (R-Ga.) announced Friday that she filed articles of impeachment against U.S. Attorney General Merrick Garland, who said that he ...
  • How the FBI Undercounts Armed Citizen Responders to Mass Killers—and Media Play AlongHow the FBI Undercounts Armed Citizen Responders to Mass Killers—and Media Play Along
    By John R. Lott Jr. and Real Clear Investigations The shooting that killed three people and injured another at a Greenwood, Indiana, mall on July 17 drew ...
  • Trump spy chief on classified documents: ‘Virtually impossible to prosecute’Trump spy chief on classified documents: 'Virtually impossible to prosecute'
    By Ryan King, Breaking News Reporter Former Director of National Intelligence John Ratcliffe argued that it is “virtually impossible” to prosecute his onetime boss, former President Donald Trump, ...
  • Judge Unseals Mar-a-Lago Raid Warrant, Reveals Why FBI Is Investigating TrumpJudge Unseals Mar-a-Lago Raid Warrant, Reveals Why FBI Is Investigating Trump
    By Jack Phillips The seven-page warrant that authorized the FBI to search former President Donald Trump’s property earlier this week was unsealed Friday, and it shows that Trump is ...
  • Trump and Family Watched FBI Mar-a-Lago RaidTrump and Family Watched FBI Mar-a-Lago Raid
    By Jack Phillips Former President Donald Trump and members of his family watched the FBI raid of his Mar-a-Lago property via security cameras, his lawyer Christina Bobb ...
  • Democrats Barreling Ahead on Inflation Reduction Act Without Input From Congressional Budget OfficeDemocrats Barreling Ahead on Inflation Reduction Act Without Input From Congressional Budget Office
    By Joseph Lord House Democrats are moving forward with an Aug. 12 vote on the $700 billion Inflation Reduction Act despite the lack of Congressional Budget Office (CBO) scores—meaning that the ...
  • Elon Musk Weighs In on ‘87,000 New IRS Agents’ With Ironic Message to DemocratsElon Musk Weighs In on ‘87,000 New IRS Agents’ With Ironic Message to Democrats
    By Tom Ozimek Billionaire tech mogul Elon Musk posted an ironic message on Twitter mocking Democrats’ efforts to give the Internal Revenue Service (IRS) an $80 billion ...
  • FBI Assistant Director Says ‘Handful in Leadership’ Are Politicizing Bureau, Following Mar-a-Lago RaidFBI Assistant Director Says ‘Handful in Leadership’ Are Politicizing Bureau, Following Mar-a-Lago Raid
    By Scott Wheeler News Analysis Years of investigations have led to claims by Republicans of partisan political power plays at the Federal Bureau of Investigation and ...
  • Trump Responds to Nuclear Documents Reports, Says It’s a Continuation of Russia ‘Hoax’Trump Responds to Nuclear Documents Reports, Says It’s a Continuation of Russia ‘Hoax’
    By Jack Phillips Former President Donald Trump said reports that the FBI was allegedly searching for documents on nuclear weapons at his Mar-a-Lago residence is a “hoax” ...
  • ‘The Weaponization of Government Power Has Become Clear’: Ret. General Paul Vallely on Trump Raid‘The Weaponization of Government Power Has Become Clear’: Ret. General Paul Vallely on Trump Raid
    By Enrico Trigoso Retired Major General Paul Vallely reacted to the recent FBI raid on former president Donald Trump’s residence, claiming that there is a socialist-communist coalition ...
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