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Category: Executive Branch

The Executive Branch of the United States Government

Trump Signs Order Aimed at Cutting Drug Prices
Posted inHealthcare

Trump Signs Order Aimed at Cutting Drug Prices

USNN World Newsby USNN World NewsMay 12, 2025July 12, 2025
Turmeric Lowers Blood Pressure–How to Get the Most out of It
Posted inHealthcare

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

USNN World Newsby USNN World NewsMay 11, 2025May 11, 2025
Market Review: Stocks Retreat on Fed Caution and Trade Uncertainty
Posted inEconomy

Market Review: Stocks Retreat on Fed Caution and Trade Uncertainty

USNN World Newsby USNN World NewsMay 10, 2025May 10, 2025
FDA Approves 3 Natural Color Additives Amid Push to Remove Artificial Food Coloring
Posted inHealthcare

FDA Approves 3 Natural Color Additives Amid Push to Remove Artificial Food Coloring

USNN World Newsby USNN World NewsMay 10, 2025May 10, 2025
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

Posts pagination

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NATIONAL NEWS

  • Texas Governor Announces Plan to Place Austin Police Under State ControlTexas Governor Announces Plan to Place Austin Police Under State Control
    By GQ Pan Legislation to place the Austin Police Department under state control has been drafted for lawmakers to consider in the coming January session, Texas Gov. ...
  • Arizona GOP Moves to Intervene in Legal Battle Over Maricopa County AuditArizona GOP Moves to Intervene in Legal Battle Over Maricopa County Audit
    By Zachary Stieber The Arizona Republican Party has filed a motion to intervene in the lawsuit filed by Maricopa County against state senators, as the county fights against subpoenas ...
  • Senator Lindsey Graham: Georgia Now Has ‘Credible Process’ to Perform Signature Audit of ElectionSenator Lindsey Graham: Georgia Now Has ‘Credible Process’ to Perform Signature Audit of Election
    By Jack Phillips Sen. Lindsey Graham (R-S.C.) on Tuesday said he was briefed about Georgia’s mail-in ballot signature verification, saying officials have the ability to conduct ...
  • IBM, 3M, PepsiCo Among Leading US Firms That House Chinese Communist Party Units: Leaked DatabaseIBM, 3M, PepsiCo Among Leading US Firms That House Chinese Communist Party Units: Leaked Database
    By Eva Fu Hundreds of Chinese Communist Party (CCP) members are embedded within the Chinese divisions of major U.S. corporations, from IBM to PepsiCo to 3M, a leaked ...
  • Hostile Reaction in Detroit Forced Election Official Into HidingHostile Reaction in Detroit Forced Election Official Into Hiding
    By Charlotte Cuthbertson William Hartmann felt like he was stuck in a “Mission Impossible” movie when he left a Wayne County Board of Canvassers meeting ...
  • State GOP Lawmakers Call on Congress Members to Back Elector ChallengeState GOP Lawmakers Call on Congress Members to Back Elector Challenge
    By Ivan Pentchoukov Republican lawmakers in Mississipi, South Carolina and Alabama are lobbying fellow Republicans in U.S. Congress to block presidential electors from contested states ...
  • All Eyes on Congress as Lawmakers Vow to Oppose Electoral VotesAll Eyes on Congress as Lawmakers Vow to Oppose Electoral Votes
    By Ivan Pentchoukov and Zachary Stieber President Donald Trump’s multilayered effort to challenge the results of the election is expected to culminate on Jan. 6, ...
  • New Mexico Sheriff Says He Won’t Enforce ‘Unconstitutional’ Health OrderNew Mexico Sheriff Says He Won’t Enforce ‘Unconstitutional’ Health Order
    By GQ Pan The sheriff of New Mexico’s largest county said over the weekend that he won’t enforce the state’s public health order, calling the governor’s ...
  • Meadows: Trump Met With Several Congress Members on Fraud, Will ‘Fight Back’Meadows: Trump Met With Several Congress Members on Fraud, Will ‘Fight Back’
    By Jack Phillips White House chief of staff Mark Meadows said President Donald Trump met with several members of Congress on alleged voter fraud and will “fight back.” “Several members ...
  • White House Adviser Navarro: 379,000 ‘Possibly Illegal Ballots’ Cast in MichiganWhite House Adviser Navarro: 379,000 ‘Possibly Illegal Ballots’ Cast in Michigan
    By Jack Phillips White House adviser Peter Navarro claimed in an interview on Monday that more than 379,000 possibly illegal ballots were allegedly cast in Michigan. “My top-line ...
  • Sen. Ted Cruz: Anyone ‘Involved in Voter Fraud’ Should Be Prosecuted, JailedSen. Ted Cruz: Anyone ‘Involved in Voter Fraud’ Should Be Prosecuted, Jailed
    By Jack Phillips Sen. Ted Cruz (R-Texas) told voters in Georgia that anyone who is involved in voter fraud should be jailed and prosecuted. “We are fighting together ...
  • Beijing ‘Substantially Involved’ in US 2020 Election, China Analyst SaysBeijing ‘Substantially Involved’ in US 2020 Election, China Analyst Says
    By Isabel Van Brugen Beijing was “substantially involved” in the U.S. 2020 elections on multiple levels, according to China analyst Gordon Chang, who has described the Chinese Communist ...
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