Executive Branch - USNN World News

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

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

by USNN World NewsMay 5, 2025May 5, 2025

Economy

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

by USNN World NewsMay 5, 2025May 5, 2025

NATIONAL NEWS

Massachusetts activates 1,000 National Guard troops amid protests

By Audrey Conklin | Fox News The reason behind the activation remains unclear. One-thousand National Guard members have been activated amid the coronavirus pandemic and national protests. The Boston Herald reported that Massachusetts Gov. Charlie Baker’s order was ...

Chicago shootings leave at least 5 dead; 2 city cops among the wounded

By Brie Stimson | Fox News A deadly weekend of Chicago gun violence left two police officers wounded early Sunday, a police department spokesman confirmed. Both officers were hospitalized but their medical conditions were ...

1 dead in clashes between pro-Trump, BLM groups as violence rages for more than 90 days

By Brie Stimson | Fox News Video posted on social media showed a person suddenly dropping to the ground, and others rushing to assist. Violent clashes between a ...

Debbie Dingell’s Big Idea: Dethrone Iowa, New Hampshire as first presidential primary states

By Marisa Schultz | Fox News The Michigan Democrat wants to reform the primary calendar by the 2024 election. The Big Idea is a series that asks top lawmakers ...

House bill would block rioters from coronavirus unemployment benefits

By Brie Stimson | Fox News GOP Rep. Jim Banks of Indiana says two of his constituents were harassed while leaving President Trump’s RNC event. A House Republican introduced ...

Kenosha police union gives its account of Jacob Blake shooting

By Brie Stimson | Fox News A 20-second video shot by a bystander doesn’t show what led up to the shooting and Wisconsin authorities have given few ...

CNN accused of pitting David Dorn’s family against each other following widow’s RNC speech

By Brian Flood | Fox News Media Research Center analyst Nicholas Fondacaro blasts Chris Cuomo. CNN was accused of “pitting different sides” of the late David Dorn’s family against each other after ...

Politico hammered for tweet saying Alice Johnson has been ‘propped up’ by Trump campaign

By Joseph A. Wulfsohn | Fox News ‘This is a disgusting racist headline,’ one critic reacted. Politico raised eyebrows Thursday night with its description of Alice Marie Johnson, who spoke at ...

Sen. Rand Paul thanks DC cops for saving him from ‘crazed mob’ after RNC

By David Aaro | Fox News U.S. Sen. Rand Paul, R-Ky., said he was attacked by a “crazed mob” of more than 100 people after leaving the White House following ...

New York Times reporter gaslighting readers with story on Trump’s LGBTQ record, critic says

By Brian Flood | Fox News ‘Trump’s history of being pro-gay dates back to long before Biden figured it was a political winner,’ Chris Barron said. New York Times reporter Maggie ...

Hurricane Laura brings tornado threat after Louisiana landfall, Lake Charles ‘severely damaged’

By Travis Fedschun, Janice Dean | Fox News Hurricane Laura made landfall in Cameron, La., with 150 mph winds. Heavy rains and winds battered Louisiana Thursday morning as a weakening Hurricane Laura roared ...

Elise Stefanik: Biden speaking out on violence after months of silence is ‘too little too late’

By Joshua Nelson | Fox News ‘This is going to become one of the key deciding issues as people head to the polls this November,’ she said. Democratic ...