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Category: Executive Branch

The Executive Branch of the United States Government

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
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
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
How Major US Stock Indexes Fared May 7
Posted inEconomy

How Major US Stock Indexes Fared May 7

USNN World Newsby USNN World NewsMay 7, 2025May 7, 2025
Magnesium Could Relieve Fibromyalgia and Migraines, and How It Works
Posted inHealthcare

Magnesium Could Relieve Fibromyalgia and Migraines, and How It Works

USNN World Newsby USNN World NewsMay 7, 2025May 17, 2025
Different Dietary Proteins Alter the Gut Microbiome Environment
Posted inHealthcare

Different Dietary Proteins Alter the Gut Microbiome Environment

USNN World Newsby USNN World NewsMay 6, 2025May 6, 2025
How Major US Stock Indexes Fared May 6
Posted inEconomy

How Major US Stock Indexes Fared May 6

USNN World Newsby USNN World NewsMay 6, 2025May 6, 2025
Silent Threats: How to Detect and Prevent Deadly Blood Clots Before It’s Too Late
Posted inHealthcare

Silent Threats: How to Detect and Prevent Deadly Blood Clots Before It’s Too Late

USNN World Newsby USNN World NewsMay 5, 2025May 5, 2025
Oil Prices Sink After OPEC+ Agrees to Boost Production in June
Posted inEconomy

Oil Prices Sink After OPEC+ Agrees to Boost Production in June

USNN World Newsby USNN World NewsMay 5, 2025May 5, 2025
Trump Admin Says It Will Pay Illegal Immigrants $1,000 to Self-Deport
Posted inImmigration

Trump Admin Says It Will Pay Illegal Immigrants $1,000 to Self-Deport

USNN World Newsby USNN World NewsMay 5, 2025August 19, 2025
Study: Umbilical Cord Holds Answers to Future Disease
Posted inHealthcare

Study: Umbilical Cord Holds Answers to Future Disease

USNN World Newsby USNN World NewsMay 4, 2025May 4, 2025
What Smart Scales Get Right And Wrong
Posted inHealthcare

What Smart Scales Get Right And Wrong

USNN World Newsby USNN World NewsMay 3, 2025August 8, 2025

Posts pagination

Newer posts 1 … 13 14 15 16 17 … 238 Older posts

NATIONAL NEWS

  • Ex-Capitol Police Chief Calls Jan. 6 Events ‘Cover Up’ in Buried Tucker Carlson InterviewEx-Capitol Police Chief Calls Jan. 6 Events 'Cover Up' in Buried Tucker Carlson Interview
    By Tom Ozimek As former president Donald Trump arrived in Washington on Thursday to face an indictment on charges related to the Jan. 6 Capitol ...
  • US Labor Market Continues to Slow as Economy Adds 187,000 New JobsUS Labor Market Continues to Slow as Economy Adds 187,000 New Jobs
    By Andrew Moran The U.S. economy added 187,000 new jobs in July, according to the Bureau of Labor Statistics (BLS), falling short of the consensus estimate ...
  • ‘Election Interference at Its Finest’: Trump Attorney Addresses Arraignment in Front of Courthouse'Election Interference at Its Finest': Trump Attorney Addresses Arraignment in Front of Courthouse
    By Katabella Roberts Alina Habba, one of the attorneys defending Donald Trump, has branded the latest indictment against the former president “election interference at its ...
  • Florida CFO Says State ‘Thriving’ With Earnings of $1.1 Billion Despite Abandoning BlackRockFlorida CFO Says State 'Thriving' With Earnings of $1.1 Billion Despite Abandoning BlackRock
    By T. J. Muscaro The asset management giant BlackRock continues to face growing scrutiny for investment decisions that have been criticized for pushing Environmental Social ...
  • Trump’s Belief in Election Claims Defends Him Against Criminal Charges, Says AttorneyTrump's Belief in Election Claims Defends Him Against Criminal Charges, Says Attorney
    By Jan Jekielek, Cathy He and Ross Muscato The latest criminal charges against former President Donald Trump will give him an unprecedented opportunity to expose ...
  • Vast Majority of Cars Cost More to Charge Than Fill Up With Gas: StudyVast Majority of Cars Cost More to Charge Than Fill Up With Gas: Study
    By Tom Ozimek Most electric cars, crossovers, and trucks cost more to charge than their gasoline-powered counterparts, according to a new study that highlights the ...
  • Trump Pleads Not Guilty to Charges in 2020 Election CaseTrump Pleads Not Guilty to Charges in 2020 Election Case
    By Janice Hisle WASHINGTON—Former President Trump has pleaded not guilty to a third set of criminal charges. Wearing his trademark blue suit, white shirt, and red ...
  • ‘Abuse of Soft Power’: Hunter Biden Associate Tells Tucker Carlson of Hearing Vice President on Speaker Phone'Abuse of Soft Power': Hunter Biden Associate Tells Tucker Carlson of Hearing Vice President on Speaker Phone
    By Catherine Yang Everyone in Washington understands that advisory and consulting positions generally mean selling access, Devon Archer told Tucker Carlson in the latest episode ...
  • Devon Archer Testimony Lays Roadmap for Further Probes Into Biden Family: Rep. ComerDevon Archer Testimony Lays Roadmap for Further Probes Into Biden Family: Rep. Comer
    By Tom Ozimek Rep. James Comer (R-Ky.) said that congressional testimony by former Hunter Biden business partner Devon Archer provides a roadmap for the next ...
  • Trump Lawyer: 3rd Indictment ‘Opens Door’ to More Scrutiny of 2020 ElectionTrump Lawyer: 3rd Indictment 'Opens Door' to More Scrutiny of 2020 Election
    By Janice Hisle and Jan Jekielek The third indictment of former President Donald Trump could produce unintended consequences for the U.S. Department of Justice (DOJ), ...
  • Nebraska Sending Soldiers to US–Mexico Border in Support of Operation Lone StarNebraska Sending Soldiers to US–Mexico Border in Support of Operation Lone Star
    By Lorenz Duchamps Nebraska Gov. Jim Pillen announced on July 31 that more than 60 Nebraska Army National Guard soldiers will be deployed to the ...
  • Nationwide Operation Leads FBI to 200 Sex Trafficking Victims, 59 Missing ChildrenNationwide Operation Leads FBI to 200 Sex Trafficking Victims, 59 Missing Children
    By Katabella Roberts More than 200 sex trafficking victims were discovered during a 14-day nationwide child exploitation and human trafficking operation conducted by FBI agents in ...
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