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

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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

Cops stunned after finding decapitated body of tech CEO in NYC apartment

By Joe Marino, Jason Beeferman, Larry Celona, Jorge Fitz-Gibbon | New York Post The body of a decapitated, dismembered tech CEO was found inside a Lower East Side apartment on Tuesday afternoon — sorted ...

Portland protesters create own ‘autonomous zone’ by pitching tents, rebuilding barricades removed by police

By Danielle Wallace | Fox News Demonstrators engaged ‘in an attempt to disrupt officers as they walked in from the end of their shift’. Portland protesters early Wednesday began to ...

CNN, MSNBC avoid on-air coverage of Bari Weiss’ dramatic exit from The New York Times

By Joseph A. Wulfsohn | Fox News Her scathing resignation letter shook the media landscape on Tuesday. Bari Weiss shook the media landscape on Tuesday with her scathing letter announcing ...

CNN’s Jim Acosta, Anderson Cooper called out for partisan commentary after Trump’s Rose Garden remarks: ‘Sad resistance performance art’

By Brian Flood | Fox News Critic called it ‘sophomoric commentary masquerading as journalism’. CNN appeared particularly peeved that President Trump veered off-script Tuesday by attacking presumptive Democratic presidential nominee Joe Biden in the Rose ...

Ghislaine Maxwell secretly married but won’t reveal husband’s name, prosecutors say

By The New York Post The bombshell detail was divulged as prosecutors accused her of purposely hiding her wealth. Ghislaine Maxwell is secretly married — and refusing ...

St. Louis homeowner who faced down protesters with rifle believes Trump intervened to protect his community

By Yael Halon | Fox News ‘I think we got help from the very top,’ Mark McCloskey told Sean Hannity. Missouri attorney Mark McCloskey, who along with his wife Patricia brandished legally ...

Portland’s unrest continues for six straight weeks with no apparent end in sight

By Danielle Wallace | Fox News Portland has been more than $23 million in losses due to looting and rioting. The death of George Floyd triggered a wave of protests and ...

Ghislaine Maxwell denied bail: Judge determines Epstein cohort is ‘substantial flight risk’ because of wealth, ‘foreign connections’

By Barnini Chakraborty, Marta Dhanis | Fox News Maxwell is charged with conspiracy and perjury in a multi-state sex trafficking ring involving three unnamed minors between 1994 and ...

Bari Weiss quits New York Times after bullying by colleagues over views: ‘They have called me a Nazi and a racist’

By Brian Flood | Fox News Her resignation letter said ‘the lessons that ought to have followed the (2016) election…have not been learned’. New York Times opinion columnist ...

Lawrence Jones on 1-year-old’s death in NYC: Shouldn’t be this hard for GOP to defeat ‘incompetent’ Dems in cities

By Julia Musto | Fox News Jones says history will remember who takes action to combat gun violence in large cities It should not be hard for the Republican ...

Radio host who ignited Goya ‘buy-cott’ movement: ‘It looks like love is winning’

By Talia Kaplan | Fox News Radio host Mike Opelka says he’s ‘trying to fight anger with love’. Radio host Mike Opelka, who ignited the Goya “buy-cott” movement, told ...

Cuomo takes heat over internal nursing home report

By Ronn Blitzer | Fox News New York Gov. Andrew Cuomo is facing backlash from the scientific community and others for using a state report that backed up his ...