Executive Branch - USNN World News

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

Healthcare

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NATIONAL NEWS

China Engaged in ‘Mass Surveillance’ on Americans’ Mobile Phones, Report Finds

By Cathy He The Chinese regime exploited vulnerabilities in the global mobile telecommunications network to conduct “mass surveillance” on Americans, according to a recent report ...

Redacted Information in Dominion Audit Report Shows Races Were Flipped: Analyst

By Zachary Stieber The analyst who led the forensic audit of Dominion Voting Systems in Michigan said on Friday the information state officials pushed to redact shows ...

Flynn Says Trump Could Use ‘Military Capability’ to Re-Run Election in Battleground States

By Tom Ozimek Retired Lt. Gen. Michael Flynn said Thursday that President Donald Trump has options regarding the hotly contested presidential election, including seizing voting machines and using ...

Lin Wood Sues Georgia Over Administration of Senate Runoff Elections

By Ivan Pentchoukov Attorney Lin Wood on Dec. 18 filed a lawsuit against the Georgia secretary of state, alleging that the administration of the U.S. Senate runoff elections in ...

Courts Haven’t Decided Facts on Voter Fraud, Found Excuses to Dismiss Trump’s Cases

By Jack Phillips Sen. Rand Paul (R-Ky.) rejected the notion that courts have “decided the facts” amid allegations of election fraud during the Nov. 3 election. “The courts ...

Georgia Official Warned Counties Not to Grant Open Record Requests for Voting Software: Memo

By Simon Veazey Georgia’s elections director in November sent a memo warning counties that voting machine software was not subject to open record requests as public demand ...

Georgia Poll Workers Who Raised Election Concerns Get Terminated

By Zachary Stieber Poll workers in Georgia who raised concerns about election irregularities were informed this week that their contracts are not being renewed, according to letters ...

Georgia to Conduct Statewide Check of Signatures on Mail-In Ballots: Raffensperger

By Katabella Roberts Georgia will be conducting a state-wide check of signatures on mail-in ballots in all 159 counties, Secretary of State Brad Raffensperger announced Dec. 17. Raffensperger said ...

Recount Confirms Trump Won Michigan County That Reported Biden Win on Election Night

By Zachary Stieber A hand recount on Wednesday confirmed that a Michigan county falsely reported on election night a win for Democratic presidential candidate Joe Biden. The recount ...

Trump: Republican Senators Should Object to Electoral College Votes

By Zachary Stieber President Donald Trump on Thursday urged senators to object to electoral votes during next month’s joint session of Congress. Trump made the call as ...

Pennsylvania ‘Flagrantly Violated’ Laws Ahead of Election, Starr Says

By Jack Phillips Former independent counsel Ken Starr testified at a Senate panel hearing that Pennsylvania’s last-minute changes to election laws before the Nov. 3 election were ...

Michigan Secretary of State Refuses to Testify to State Legislature on Election

By Zachary Stieber Michigan’s top election official has declined to appear before the state legislature to testify as lawmakers probe alleged election irregularities. “I am aware ...