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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

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NATIONAL NEWS

  • Biden Administration Refuses GOP Request for Hunter Biden RecordsBiden Administration Refuses GOP Request for Hunter Biden Records
    By Zachary Stieber President Joe Biden’s administration is refusing a request from a top lawmaker for records of Biden family financial activity flagged as suspicious. An ...
  • US Government’s Filter Team Disclosed Potentially Privileged Trump Records to Case AgentsUS Government’s Filter Team Disclosed Potentially Privileged Trump Records to Case Agents
    By Zachary Stieber The U.S. Department of Justice (DOJ) team charged with making sure potentially privileged materials seized from former President Donald Trump’s home weren’t viewed by ...
  • New Documents Show Clear Big Tech-Government Collusion: LawyerNew Documents Show Clear Big Tech-Government Collusion: Lawyer
    By Zachary Stieber Newly disclosed documents showing Big Tech companies repeatedly took action after being pressured by White House and other Biden administration officials prove the U.S. government ...
  • House GOP Leader Seeks Documents From Merrick Garland Over Mar-a-Lago RaidHouse GOP Leader Seeks Documents From Merrick Garland Over Mar-a-Lago Raid
    By Jack Phillips House Minority Leader Kevin McCarthy (R-Calif.) and two other top Republicans requested documents and testimony from Attorney General Merrick Garland and FBI Director Christopher ...
  • US Government Seized Over 11,000 Non-Classified Documents From Trump’s HomeUS Government Seized Over 11,000 Non-Classified Documents From Trump’s Home
    By Zachary Stieber FBI agents seized over 11,000 documents and photographs without classified markings from the home of former President Donald Trump, according to an inventory released ...
  • Trump, GOP Lawmakers Criticize Biden Over His Speech Targeting ‘MAGA’Trump, GOP Lawmakers Criticize Biden Over His Speech Targeting ‘MAGA’
    By Frank Fang Former President Donald Trump and Republican lawmakers fired back on Thursday after President Joe Biden delivered a prime-time speech centered around warning the public how his ...
  • GOP Senator to DOJ: Don’t Mess With WhistleblowersGOP Senator to DOJ: Don’t Mess With Whistleblowers
    By Naveen Athrappully Senator Chuck Grassley (R-Iowa) has sent a letter to Attorney General Merrick Garland asking that the Department of Justice (DOJ) keep its ...
  • Over 50 Biden Administration Employees, 12 US Agencies Involved in Social Media Censorship Push: DocumentsOver 50 Biden Administration Employees, 12 US Agencies Involved in Social Media Censorship Push: Documents
    By Zachary Stieber Over 50 officials in President Joe Biden’s administration across a dozen agencies have been involved with efforts to pressure Big Tech companies to crack ...
  • Mar-a-Lago Raid Undermines US Credibility, Can Be Exploited by China, Warns AuthorMar-a-Lago Raid Undermines US Credibility, Can Be Exploited by China, Warns Author
    By Hannah Ng The Mar-a-Lago raid undermines U.S. credibility in international politics and can be exploited by China, according to Bradley A. Thayer, the director ...
  • Trump Lawyer Claims She ‘Diligently Searched’ Mar-a-Lago in May, Days Before DOJ Subpoenaed TrumpTrump Lawyer Claims She ‘Diligently Searched’ Mar-a-Lago in May, Days Before DOJ Subpoenaed Trump
    By Rita Li A lawyer for former President Donald Trump said she had entirely searched “each and every room” at Mar-a-Lago early in May, less than a ...
  • Whistleblower Lawyer: FBI Agents Have Lost Confidence in Director WrayWhistleblower Lawyer: FBI Agents Have Lost Confidence in Director Wray
    By Jack Phillips A lawyer representing several unnamed FBI whistleblowers said Wednesday that agents have lost confidence in the bureau’s leadership amid recent controversy. The FBI and the ...
  • Trump’s China Tariffs Yield $150 BillionTrump’s China Tariffs Yield $150 Billion
    By Petr Svab Tariffs placed on Chinese imports by President Donald Trump during his term have pulled in more than $150 billion over the past ...
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