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Category: Executive Branch

The Executive Branch of the United States Government

House Speaker Says 3 Democrats Could Face Ramifications After ICE Facility Incident
Posted inImmigration

House Speaker Says 3 Democrats Could Face Ramifications After ICE Facility Incident

USNN World Newsby USNN World NewsMay 14, 2025August 20, 2025
Student Loan Delinquencies Soar as Pandemic-Era Protections Expire
Posted inEconomy

Student Loan Delinquencies Soar as Pandemic-Era Protections Expire

USNN World Newsby USNN World NewsMay 13, 2025October 29, 2025
Federal Grand Jury Indicts Wisconsin Judge Accused of Helping Illegal Immigrant Evade ICE
Posted inImmigration

Federal Grand Jury Indicts Wisconsin Judge Accused of Helping Illegal Immigrant Evade ICE

USNN World Newsby USNN World NewsMay 13, 2025May 13, 2025
US Inflation Slows to Lowest Level Since February 2021
Posted inEconomy

US Inflation Slows to Lowest Level Since February 2021

USNN World Newsby USNN World NewsMay 13, 2025May 13, 2025
Markets Rally After US, China Announce 90-day Tariff Reductions
Posted inEconomy

Markets Rally After US, China Announce 90-day Tariff Reductions

USNN World Newsby USNN World NewsMay 12, 2025May 12, 2025
The Rise and Fall of Synthetic Food Dyes
Posted inHealthcare

The Rise and Fall of Synthetic Food Dyes

USNN World Newsby USNN World NewsMay 12, 2025August 20, 2025
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

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NATIONAL NEWS

  • Some Minneapolis City Council members may regret pledge to dismantle police department: reportSome Minneapolis City Council members may regret pledge to dismantle police department: report
    By Lucas Manfredi | Fox News Residents have voiced concerns about rising crime and frustration with city’s response civil unrest. Some members of the Minneapolis City Council may ...
  • Trump calls New York Times report that he avoid paying taxes ‘totally made up’Trump calls New York Times report that he avoid paying taxes 'totally made up'
    By Andrew O’Reilly | Fox News ‘Everything was wrong, they are so bad,’ Trump said. President Trump lambasted a New York Times report that said he paid no federal income taxes ...
  • Trump takes press to task for skipping over Hunter Biden scandalsTrump takes press to task for skipping over Hunter Biden scandals
    By Edmund DeMarche | Fox News President Trump on Sunday may have shown a preview of this week’s upcoming presidential debate when he asked reporters at the ...
  • Wildfire erupts in California’s Napa County, emergency evacuations over ‘dangerous rate of spread’Wildfire erupts in California's Napa County, emergency evacuations over 'dangerous rate of spread'
    By Travis Fedschun | Fox News The Glass Fire near St. Helena has consumed at least 800 acres. Mandatory evacuations were issued Sunday morning in areas of Northern California after a fast-moving wildfire erupted ...
  • Trump calls for Biden to take a drug test before upcoming presidential debateTrump calls for Biden to take a drug test before upcoming presidential debate
    By Danielle Wallace | Fox News Trump said Biden’s past debate performances have been ‘record setting UNEVEN’. President Trump said Sunday that he demanded his Democratic opponent Joe Biden take a drug ...
  • Pelosi doubles down that Biden shouldn’t debate Trump: ‘Why bother?’Pelosi doubles down that Biden shouldn't debate Trump: 'Why bother?'
    By Megan Henney | Fox News House Speaker Nancy Pelosi on Friday doubled down on her argument that Democratic presidential nominee Joe Biden should not debate President Trump, claiming the Republican incumbent ...
  • LA police detain, release driver after vehicle plows into protesters; at least 1 injured: reportLA police detain, release driver after vehicle plows into protesters; at least 1 injured: report
    By David Aaro | Fox News Later, another vehicle approached the same protesters, reports said. At least one person was taken to a hospital Thursday night after multiple vehicles ...
  • Breonna Taylor shooting: Video purportedly shows tense moments after officer was struck by gunfireBreonna Taylor shooting: Video purportedly shows tense moments after officer was struck by gunfire
    By Greg Norman | Fox News Sgt. Jonathan Mattingly was not indicted by a grand jury following Taylor’s death. A new video has emerged purportedly showing the tense ...
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    By Evie Fordham | Fox News Gov. Roy Cooper, a Democrat, can nominate their replacements. Both Republicans on the five-person North Carolina State Board of Elections submitted their resignations on Wednesday night, ...
  • Trump says Biden ‘should leave the campaign’ after Senate GOP report on Hunter Biden’s business dealingsTrump says Biden 'should leave the campaign' after Senate GOP report on Hunter Biden's business dealings
    By Brooke Singman | Fox News The president made the comments during an interview on ‘The Brian Kilmeade Show’. President Trump on Thursday said his Democratic opponent Joe Biden “should leave ...
  • Breonna Taylor protests: Suspect accused of shooting cops ID’d as Louisville sees nearly 100 arrests after grand jury decisionBreonna Taylor protests: Suspect accused of shooting cops ID’d as Louisville sees nearly 100 arrests after grand jury decision
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  • AOC calls on Cuomo, de Blasio to raise NY taxes: reportAOC calls on Cuomo, de Blasio to raise NY taxes: report
    By Brittany De Lea FOXBusiness De Blasio has said he is not opposed to raising some rates – though Cuomo has expressed resistance. New York Democrat Rep. Alexandria ...
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