Executive Branch - USNN World News

Healthcare

The Rise and Fall of Synthetic Food Dyes

by USNN World NewsMay 12, 2025August 20, 2025

Healthcare

Trump Signs Order Aimed at Cutting Drug Prices

by USNN World NewsMay 12, 2025July 12, 2025

Healthcare

Turmeric Lowers Blood Pressure–How to Get the Most out of It

by USNN World NewsMay 11, 2025May 11, 2025

Economy

Market Review: Stocks Retreat on Fed Caution and Trade Uncertainty

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

Immigration

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

by 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.”

Economy

Panasonic Announces 10,000 Layoffs Worldwide

by USNN World NewsMay 9, 2025May 9, 2025

Economy

Cox Automotive Says Tariffs Impacted Wholesale Used Car Prices in April

by USNN World NewsMay 8, 2025May 12, 2025

Economy

How Major US Stock Indexes Fared May 7

by USNN World NewsMay 7, 2025May 7, 2025

Healthcare

Magnesium Could Relieve Fibromyalgia and Migraines, and How It Works

by USNN World NewsMay 7, 2025May 17, 2025

Healthcare

Different Dietary Proteins Alter the Gut Microbiome Environment

by USNN World NewsMay 6, 2025May 6, 2025

Economy

How Major US Stock Indexes Fared May 6

by USNN World NewsMay 6, 2025May 6, 2025

NATIONAL NEWS

Multiple Airlines Cancel Hundreds of Flights on Christmas Eve, Citing Omicron Surge

By Katabella Roberts Multiple airlines across the United States canceled hundreds of flights on Christmas eve, citing a nationwide surge in Omicron cases which has directly impacted employees and flight crew. The ...

Jim Jordan Becomes 2nd GOP Rep. Targeted by Jan. 6 Committee

By Joseph Lord The Democrat-led House Jan. 6 Committee is now asking Rep. Jim Jordan (R-Ohio) to testify on the events of Jan. 6, making Jordan the ...

Grassroots Constitutional Rights Groups in North Carolina Combine Efforts to Change Leadership

By Matt McGregor With the primaries around the corner of the new year, grassroots constitutional rights groups in North Carolina are working to impact communities by localizing national issues ...

‘Stop W.O.K.E.’ Act: DeSantis Gives Florida Parents Another Tool ‘To Fight Back Against Woke Indoctrination’

By Patricia Tolson On Dec. 15, Florida Gov. Ron DeSantis announced the Stop the Wrongs to Our Kids and Employees (W.O.K.E.) Act, “a legislative proposal ...

Former Dealer, User Details Newport Beach’s Secret Drug Trade

By John Fredricks NEWPORT BEACH, Calif.—Heavy rain drops began to fall against a white truck marked “HAZMAT” parked at the end of the 100 block ...

House Republicans Ask Biden When Legal Immunity for Vaccine Manufacturers Will End

By Zachary Stieber A group of House Republicans has asked President Joe Biden about the legal immunity granted to COVID-19 vaccine manufacturers, expressing concern about ...

24 States Sue Biden Admin Over COVID-19 Mandates for Children, Staff in ‘Head Start’ Education Program

By Isabel Van Brugen Attorneys general (AG) from 24 states have filed a lawsuit against the Biden administration challenging COVID-19 vaccine mandates for early education ...

School Board ‘Shenanigans’ Inspire Greater Interest Among Parents to Vote in Midterm Elections

By Patricia Tolson While most admit to voting only in presidential elections, a year of what some describe as school board “shenanigans” has inspired greater ...

Democrats’ Dismal Outlook for 2022 Midterm Elections Continues to Worsen

By Mark Tapscott News Analysis When New Jersey Democratic Rep. Albio Sires announced he will not seek re-election, it marked the 23rd sitting Democrat in the ...

Judge Blocks Biden’s COVID-19 Vaccine Mandate for Federal Contractors in 10 States

By Mimi Nguyen Ly A federal judge in Missouri has issued a temporary hold on the Biden administration’s COVID-19 vaccine mandate for federal contractors in 10 U.S. states while litigation plays out. “We ...

Border Patrol stops suspected terrorist from Saudi Arabia in Arizona

By Anna Giaritelli, Homeland Security Reporter AUSTIN, Texas — U.S. Border Patrol agents apprehended a suspected terrorist from Saudi Arabia in western Arizona late last week after he attempted ...

Court Fight Over Dead People on Voter Lists Heats Up in Michigan

By Steven Kovac How many dead people should remain on Michigan voter rolls? The answer may be determined by a federal judge. The Public Interest Legal Foundation (PILF) ...