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Real News, Real Time

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
Police Arrest Pro-Palestinian Protesters Occupying Columbia University Library
Posted inBreaking News

Police Arrest Pro-Palestinian Protesters Occupying Columbia University Library

USNN World Newsby USNN World NewsMay 8, 2025May 26, 2025
Trump Announces ‘Full And Comprehensive’ Trade Agreement With UK
Posted inBreaking News

Trump Announces ‘Full And Comprehensive’ Trade Agreement With UK

USNN World Newsby USNN World NewsMay 8, 2025June 7, 2025

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NATIONAL NEWS

  • Joe Biden unwittingly helped finance Hunter’s trysts with Russia-linked escortsJoe Biden unwittingly helped finance Hunter's trysts with Russia-linked escorts
    By Andrew Kerr, Investigative Reporter & Jerry Dunleavy, Justice Department Reporter President Joe Biden apparently unwittingly financed his son’s participation in an escort ring tied to Russia, records from a ...
  • Pelosi Appears to Elbow Away Daughter of Newly Elected CongresswomanPelosi Appears to Elbow Away Daughter of Newly Elected Congresswoman
    By Darlene McCormick Sanchez Mayra Flores praises daughter for standing her ground. Rep. Flores (R-Texas) has responded to a video in which House Speaker Nancy Pelosi (D-Calif.) appeared to ...
  • Prosecutors Oppose Ghislaine Maxwell’s Last-Minute Bid to Delay SentencingProsecutors Oppose Ghislaine Maxwell’s Last-Minute Bid to Delay Sentencing
    By Dave Paone NEW YORK—The prosecutors in the case against Jeffrey Eppstein associate Ghislaine Maxwell on June 26 dismissed claims raised by the defendant’s attorneys, who told ...
  • Concerned Graduates of West Point Challenge Leadership of Military Academy: LetterConcerned Graduates of West Point Challenge Leadership of Military Academy: Letter
    By Enrico Trigoso Three retired U.S. military officers—LTG Thomas McInerney, USAF; MG Paul Vallely, U.S. Army; and Colonel Andrew O’Meara Jr., U.S. Army—signed a letter authored ...
  • Trump Talks Energy, War, Illinois Primaries in New InterviewTrump Talks Energy, War, Illinois Primaries in New Interview
    By The Center Square Former President Donald Trump criticized his successor’s energy policies, predicted rolling blackout and brownouts this summer, and warned of the potential for another world war ...
  • Oath Keepers FBI Interviews Contradict Indictment ChargesOath Keepers FBI Interviews Contradict Indictment Charges
    Joseph M. Hanneman An Indiana Oath Keepers leader who was in charge of security operations for the group in Washington on Jan. 6, 2021, was indicted by ...
  • Abortion Clinics Start Closing After Roe v. Wade RulingAbortion Clinics Start Closing After Roe v. Wade Ruling
    By Tom Ozimek Abortion clinics in multiple states closed their doors on June 25 following the Supreme Court decision to overturn Roe v. Wade and ...
  • Biden Accidentally Reveals Very Specific Cheat Sheet Reminding Him How to ActBiden Accidentally Reveals Very Specific Cheat Sheet Reminding Him How to Act
    By Rita Li A cheat sheet giving U.S. President Joe Biden specific instructions on how to behave was captured on camera during a June 23 conference. The 79-year-old ...
  • Kansas to Be First Test of Voter Sentiment in the ‘Post-Roe’ EraKansas to Be First Test of Voter Sentiment in the ‘Post-Roe’ Era
    By John Haughey The first ballot test of the official, newly-minted “post-Roe era” will be on Aug. 2, when Kansas voters are presented with a proposed amendment ...
  • House Republicans Voice Opposition to Senate Gun Control LegislationHouse Republicans Voice Opposition to Senate Gun Control Legislation
    By Frank Fang House GOP leaders have announced that they will vote against the Senate’s gun control bill, with House Republican Whip Steve Scalise (R-La.) saying he ...
  • Senate Breaks Filibuster on Gun Deal, Clearing the Way for Final PassageSenate Breaks Filibuster on Gun Deal, Clearing the Way for Final Passage
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  • Supreme Court Allows GOP Legal Defense of North Carolina’s Embattled Voter ID LawSupreme Court Allows GOP Legal Defense of North Carolina’s Embattled Voter ID Law
    By Matthew Vadum The Supreme Court ruled 8-1 on June 23 that North Carolina’s Republican-controlled legislature must be allowed to step in to advocate for a ...
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