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Category: Executive Branch

The Executive Branch of the United States Government

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

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

USNN World Newsby USNN World NewsMay 5, 2025May 5, 2025
Trump Admin Says It Will Pay Illegal Immigrants $1,000 to Self-Deport
Posted inImmigration

Trump Admin Says It Will Pay Illegal Immigrants $1,000 to Self-Deport

USNN World Newsby USNN World NewsMay 5, 2025August 19, 2025

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NATIONAL NEWS

  • Kamala Harris apologizes for laughing after audience member calls Trump ‘mentally retarded’Kamala Harris apologizes for laughing after audience member calls Trump 'mentally retarded'
    By Sam Dorman | Fox News Sen. Kamala Harris, D-Calif., claimed Saturday that she didn’t hear an audience member at a New Hampshire town hall Friday call President Trump “mentally retarded” and ...
  • Dr. Robert Epstein: Study claims Google reflected ‘very dramatic bias’ in 2016 election search resultsDr. Robert Epstein: Study claims Google reflected 'very dramatic bias' in 2016 election search results
    By Charles Creitz | Fox News Google allegedly offered search results during the 2016 election season that manipulated voters in Hillary Clinton’s favor, according to researcher Dr. Robert Epstein. The study looked into “politically ...
  • Mark Sanford announces Trump primary challenge: GOP ‘has lost our way’Mark Sanford announces Trump primary challenge: GOP 'has lost our way'
    By Ronn Blitzer | Fox News Former South Carolina Gov. Mark Sanford announced Sunday that he is running for president as a Republican, becoming the latest to challenge President ...
  • Maine set to become first state to allow ranked voting in presidential electionMaine set to become first state to allow ranked voting in presidential election
    By Vandana Rambaran | Fox News Maine is poised to become the first state in the country to implement a system allowing voters to rank candidates in presidential elections. Democratic ...
  • Trump blasts ‘totally illegal’ DACA order, says Obama didn’t have the right to sign itTrump blasts ‘totally illegal’ DACA order, says Obama didn’t have the right to sign it
    By Adam Shaw | Fox News President Trump on Friday said that the Obama-era executive order granting protections to some immigrants who came to the country as minors was a ...
  • Outgoing CNN contributor Eliana Johnson questions network’s decision to send her packingOutgoing CNN contributor Eliana Johnson questions network's decision to send her packing
    By Brian Flood | Fox News Soon-to-be former CNN on-air contributor Eliana Johnson questioned the rationale of an executive at the liberal network who said she was no longer needed because ...
  • Senator Sanders’ plan to fight climate change with ‘Third World population control…is disgusting’: Stuart VarneySenator Sanders' plan to fight climate change with 'Third World population control...is disgusting': Stuart Varney
    By Matt London | Fox News Fox Business Network host Stuart Varney blasted 2020 Democratic Presidential candidate and Vermont Senator Bernie Sanders I-Vt., who said that as president, he ...
  • Flynn Turns Tables on Prosecutors in Major Legal BlitzFlynn Turns Tables on Prosecutors in Major Legal Blitz
    BY IVAN PENTCHOUKOV Attorneys for former national security adviser Michael Flynn launched a major legal challenge in his perjury case on Aug. 30, by seeking a contempt citation ...
  • 2020 Dems cut from Houston debate rip DNC for ‘lack of transparency,’ vow to press on2020 Dems cut from Houston debate rip DNC for 'lack of transparency,' vow to press on
    By Paul Steinhauser | Fox News MANCHESTER, N.H. – One week ahead of the Democrats’ next presidential nomination debate in Houston, three of the lower-tier candidates who failed to make ...
  • Mattis derides ‘cowardice’ from anonymous official who penned New York Times’ anti-Trump op-edMattis derides 'cowardice' from anonymous official who penned New York Times' anti-Trump op-ed
    By Sam Dorman | Fox News Former Defense Secretary James Mattis disagreed with a senior administration official’s decision to publish an anonymous op-ed critical of the president in 2018, saying ...
  • Obamas accused of ‘deplorable behavior’ amid trademark dispute: ‘Not consistent with the values they preach’Obamas accused of ‘deplorable behavior’ amid trademark dispute: 'Not consistent with the values they preach'
    By Brian Flood | Fox News Barack and Michelle Obama have been accused of “deplorable behavior” by a Los Angeles entertainment attorney for filing a “meritless petition” amid ...
  • Chicago mayor clashes with Cruz over gun violence: ‘Keep our name out of your mouth’Chicago mayor clashes with Cruz over gun violence: ‘Keep our name out of your mouth’
    By Adam Shaw | Fox News Chicago Mayor Lori Lightfoot clashed with Sen. Ted Cruz over the latest burst of gun violence in the city, claiming Monday that Chicago’s decades-long ...
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