Episode 57DHK May 9 2025 What the Restoration of Science and Medicine will look like
In Episode 57DHK 1 RAWSEP View What the Restoration of Science and Medicine will look like 2 United States Trump Revives Push for Higher Taxes on the Rich Trump is said to want to create a new top income bracket for people making more than $2 point 5 million per year and to tax income above that level at a rate of 39 point 6 percent RAWSEP View Perhaps Trump is trying to depict himself as having tried to raise taxes on the rich and Trump is trying to throw Republicans in Congress but not Trump under the bus with voters when Republicans actually pass a bill cutting taxes for the rich against the apparent wishes of Trump as Trump has recently positioned himself 3 The Biggest Medicaid Cut Left for House Republicans Would Hit Red States Hardest Now The Trump big budget bill might require particularly painful 4 Trump denounced the Biden era Digital Equity Act as woke handouts based on race raging in a social media post against a broad effort to improve high speed internet access cuts in the South 5 United States House of Representatives Can Hakeem Jeffries Break Through? RAWSEP View Hakeem Jeffries tries to break through to voters through an ongoing podcast called the Raging Moderates and a live stream sit in recently with Senator Cory Booker 6 Trump Surgeon General Nominee Who Is Doctor Casey Means? Doctor Means has called on the government to scale back on childhood vaccines RAWSEP View How can a medical doctor become disillusioned with successful safe and effective vaccines which save lives and instead turn to ineffective quack cures? That is probably a question for psychiatry or a question that can be answered by looking at how the inactive Doctor makes her living Doctor Means is not interested in saving lives and not interested doing no harm Why would Doctor Means not actively work to save lives as a doctor? Casey Means has a medical degree but her medical license is currently inactive 7 Democrats Must Embrace Their Inner Jerry Springer 8 The European Wind Industry Faces Uncertainty Over Trump Policies Not long ago the U S was seen as a promising market for offshore wind Now industry executives are not making any assumptions 9 The New Leader of Germany Has a Tough Job The halting path of Friedrich Merz to the office of the chancellor inflamed his challenges at home and abroad including a threat from the far right 10 Germany Uber Revenue Is Up 14% Despite Economic Fears The company also predicted that business in the current quarter would be stronger than Wall Street had predicted RAWSEP View Uber uses self driving cars also known as autonomous vehicles in apparent competition to Tesla 11 What is in a Name? In the Case of Leo XIV in 2025 Lessons in Bridging Historical Shifts Pope Leo XIII who served from 1878 to 1903 led the church into the modern world emphasizing its moral authority beyond national boundaries He defended the rights of working people and affirmed the value of science 12 Putin Aims to Project Power at Military Parade Marking Victory Over Nazi Germany Putin is seeking to use the event to depict himself as a global leader despite Western efforts to isolate him and a failure to win the war in Ukraine 13 Japan Panasonic to Cut 10000 Jobs in Major Overhaul Main Content
1 RAWSEP View What the Restoration of Science and Medicine will look like We are in a power vacuum like that experienced in Spain and Portugal recently The lights are out because scientific and medical research has been halted at the whim of one powerful person This was illustrated by the rudimentary methods of communication at the Trump Starmer summit yesterday Like an elderly person in a nursing home during the first days of COVID 19 in 2020 where children and grandchildren shouted up to the second floor windows where elderly patients sat listening in wheelchairs the voice of Starmer emanated from a speaker phone to reassure Trump that they were negotiating the restoration of some few tariff free items of trade between the United States and the United Kingdom Trump sat in a white room now recently adorned with chunks of gold which looked portable as if they could be ripped off the walls and taken from mantelpieces and quickly traded for hunks of cash rather than functioning as mere gold leaf decoration Does the Trump gold decoration serve a function here? Perhaps rich people watching Trump in his gold room are reassured that the final payday of no taxes and gold hoarding can be theirs also soon Perhaps even the low income and middle income American voters who put Trump in this place are envisioning living in their own gold rooms where their whims can also be catered to despite the harm those whims will do to others and society as a whole The modern world will recede and we will live without the scientific breakthroughs and medical miracles we need to survive as a people in the modern world but there will be oases for the people who will be given the largesse that is being hoarded now
The restoration of science and medicine could happen Data in the future could show a gap in knowledge aquistion in the first six months of 2025 but then using the brainpower and previous resources of America the scientific and medical knowledge could come roaring back It is possible For inspiration the United States could look at how Canada and Australia recently reaffirmed that their people want and need modern science and medicine and they voted to retain it The United Kingdom and Germany have functioning liberal democracies that support modern science and medicine and Germany has formed a coalition government that is actively fighting with their legal sysytem as support to suppress Neo Nazi forces that would like to reintroduce fascist governing to Germany exactly 80 years after Nazis were defeated there France has given up on its flirtation with Russian autocracy and is supportive of the aims of most of the rest of Europe including Poland and is signing the Treaty of Nancy with Poland today The alliance called NATO is there waiting for a leader from America to step up and reanimate America to support the liberal democratic aims exemplified by NATO that support modern science and medicine which benefits all people around the world Another ray of hope is that the new pope who took the name Leo the fourteenth supposedly inspired by Leo the thirteenth who wrote around the turn of the 20th century that It must be clear that the Church and its pastors do not oppose true and sound science both human and divine but that they embrace encourage and promote it with all possible commitment
These ideas about the possibilities for the future slam against the reality of today in America The biggest proposed Trump led Medicaid cut will affect Red States the most but that may not sway Republicans in Congress away from backing the cut High Speed Internet funds to rural areas which allow dissemination of modern information to those who need it most are being cut by Trump directive Trump is still firing federal employees indiscriminately The next Trump appointee as Surgeon General has an inactive medical degree and is an associate of Kennedy Junior with the same ideas attacking vaccines and science and medicine at a time we need these modern tools the most The only recourse seems to be the courts and political acumen in 2026 by Democratic leaders such as Hakeem Jeffries The European Wind Industry Faces Uncertainty from the Trump policies
An oddity even amid all this chaos is that Trump is supposedly pushing for higher taxes for the rich If this is so all the budget cuts for programs that aid the poor and middle income Americans make even less sense But the push for higher taxes for the rich is not accompanied by relief for the rest of Americans in typical Trump fashion
Headlines The New York Times May 9 2025
2 United States Trump Revives Push for Higher Taxes on the Rich Trump is said to want to create a new top income bracket for people making more than $2 point 5 million per year and to tax income above that level at a rate of 39 point 6 percent RAWSEP View Perhaps Trump is trying to depict himself as having tried to raise taxes on the rich and Trump is trying to throw Republicans in Congress but not Trump under the bus with voters when Republicans actually pass a bill cutting taxes for the rich against the apparent wishes of Trump as Trump has recently positioned himself RAWSEP Top Excerpt from the article below Trump has asked House Speaker Mike Johnson to include a tax hike on rich Americans in the sprawling fiscal package lawmakers are putting together according to two people familiar with the request reviving an idea that many Republicans have opposed Trump wants to create a new top income bracket for people making more than $2 point 5 million per year the people said and to tax income above that level at a rate of 39 point 6 percent Trump brought up the idea to Johnson in a call on Wednesday one of the people said Such a change would roll back one of the tax cuts that Trump signed into law in 2017 as the Tax Cuts and Jobs Act That 2017 measure reduced the rate on income earned in the top bracket to 37 percent from 39 point 6 percent This year the top income bracket starts at $626350 for an individual Trump is effectively seeking to restore the previous top rate but at a much higher income level Trump has been flirting with some kind of tax hike on the rich for weeks alarming Republicans who as a general matter like to cut taxes Conservatives have aggressively lobbied against the idea and as recently as last month Trump proclaimed that a so called millionaires tax would be very disruptive Excerpts edited by RAWSEP for brevity and clarity and relationship to Residents Against Wood Smoke Emission Particulates a 501c3 nonprofit organization The New York Times May 8 2025 But Republicans are at the same time facing tricky political and budgetary calculations in the fiscal legislation they are struggling to complete To offset the huge cost of the tax cuts they want to include — much of it from continuing the 2017 cuts Republicans are preparing to slash spending on Medicaid a health care program for the poor The optics of cutting benefits for the poor to cover the cost of tax cuts that provide their largest benefits to the rich has worried Republicans hoping to cultivate working class support One person familiar with the Trump thinking said that Trump believed a tax increase on the rich would help protect Medicaid Republicans are considering other tax hikes with a populist flavor including raising a tax on stock buybacks and further limiting the abilities to deduct compensation for highly paid employees by companies Trump also wants to end a tax break that allows private equity and hedge fund managers to pay a lower rate on much of their earnings The Trump revival of the possibility of raising income taxes on the rich comes just as Republicans in the House are hoping to release the first draft of their tax bill They are already trying to figure out how to resolve other open issues including Medicaid cuts as well as the state and local tax deduction which some Republicans have demanded be expanded Senator Michael Crapo a Republican from Idaho who leads the Finance Committee was wary of the idea of raising taxes on the rich
3 The Biggest Medicaid Cut Left for House Republicans Would Hit Red States Hardest Now The Trump big budget bill might require particularly painful cuts in the South Excerpts edited by RAWSEP for brevity and clarity and relationship to Residents Against Wood Smoke Emission Particulates a 501c3 nonprofit organization The New York Times May 9 2025 For months Republicans have been trying to figure out how to reduce Medicaid spending to help enact the Trump domestic agenda But their list of possible cuts is shrinking House Speaker Mike Johnson said Tuesday that major cuts to Medicaid expansion in the Affordable Care Act were off the table Now the largest cut left among their whittled down options would disproportionately hurt states that supported Trump in the 2024 election Republicans have also been studying several other Medicaid changes for their budget bill and a final package will probably include some of the smaller adjustments But they have considered only two major policy pathways that can deliver the bulk of the $880 billion in spending cuts that the House committee overseeing Medicaid has been charged with finding One policy would significantly dial back funding for the Obamacare Medicaid expansion which the Congressional Budget Office estimated Wednesday would save $710 billion over a decade Some of the deepest cuts would be felt by rich Democratic led states This was the option Johnson ruled out for now after meeting with moderate Republican members this week The remaining big cut on the table limiting the way states use a tax loophole to increase federal spending on Medicaid would save $668 billion mostly by reducing Medicaid spending in poorer Southern states Whichever states get hit hardest would face big budget shortfalls and to compensate some could drop health insurance coverage in Medicaid for some of their lower income adults cut hospital payments or cut other government priorities
4 Trump denounced the Biden era Digital Equity Act as woke handouts based on race raging in a social media post against a broad effort to improve high speed internet access Excerpts edited by RAWSEP for brevity and clarity and relationship to Residents Against Wood Smoke Emission Particulates a 501c3 nonprofit organization The New York Times May 8 2025 Trump on Thursday attacked a law signed by President Joseph R Biden Jr aimed at expanding high speed internet access calling the effort racist and totally unconstitutional and threatening to end it immediately The Trump statement was one of the starkest examples yet of his slash and burn approach to dismantling the legacy of his immediate predecessor in this term in office The Digital Equity Act a little known effort to improve high speed internet access in communities with poor access was tucked into the $1 trillion bipartisan infrastructure bill that Biden signed into law early in his presidency The act was written to help many different groups including veterans older people and disabled and rural communities However in late March the administration failed to ward off a block on its sweeping freeze of federal funds to states
5 United States House of Representatives Can Hakeem Jeffries Break Through? RAWSEP View Hakeem Jeffries tries to break through to voters through an ongoing podcast called the Raging Moderates and a live stream sit in recently with Senator Cory Booker Excerpts edited by RAWSEP for brevity and clarity and relationship to Residents Against Wood Smoke Emission Particulates a 501c3 nonprofit organization The New York Times May 9 2025 Hakeem Jeffries the House minority leader gave a speech marking the Trump calamitous first 100 days in office At a time when many Democrats feel leaderless Jeffries usually a relentlessly on message inside operator had been stepping further into the public eye Not long before we spoke he would appeared on a live taping of the Raging Moderates podcast in Manhattan it was he said probably the 18th or 19th podcast he would done since February On April 27 he spent more than 12 hours holding a live streamed sit in on the Capitol steps with Senator Cory Booker to draw attention to Republican plans to ravage the federal safety net We are in a more is more environment said Jeffries who represents a district in Brooklyn We just have to keep doing more rallies speeches town hall meetings in Democratic districts town hall meetings in Republican districts it is pretty clear that Jeffries would much rather talk about Medicaid and taxes What most Americans want to know he said is Are we fighting to make the economy more affordable for them? Are we protecting their health care and are we going to battle to make sure that their future is brighter than their past? When I asked him about the fury parts of the base feel toward a business as usual Democratic leadership he rejected the premise of my question Traveling all over the country he said he interacts with people who are thankful that Democrats are out there fighting on their behalf repeatedly Then he turned the conversation back to Medicaid Medicare and Social Security A major question is whether the day to day quotidian focus on policy of Jeffries can break through the Trumpian onslaught The next few months should reveal the answer In the opening days of this administration Congress has been an afterthought with Republican representatives declining to either check Trump or do much lawmaking But the next phase of the Trump agenda runs through the House where Republicans are negotiating a budget bill extending his first term tax cuts now set to expire at the end of the year while cutting social programs including Medicaid Given the narrow Republican majority in the House and the likelihood of a Democratic takeover in the midterms it could be the only significant piece of new legislation Trump gets to sign There is nothing more urgent that we could be doing right now than stopping Republicans from jamming their reckless and extreme budget down the throats of the American people said Jeffries In all likelihood one side will eventually cave Tax cuts are the the G O P reason for being and it is hard to imagine Republicans letting the Trump tax cuts for the rich run out especially when they are desperate to juice an economy that is slowing due to tariffs But the longer the budget process drags out the more opportunities Democrats will have to try to show people exactly how they are going to be harmed And ultimately almost any bill Republicans manage to pass is going to make the lives of many voters harder Jeffries said surveys show voters preferring Democrats over Republicans in the midterm congressional races What is most important in terms of the House is the side by side comparison he said Are we on track to taking back the House or not? From that perspective at least things are not going so badly
6 Trump Surgeon General Nominee Who Is Doctor Casey Means? Doctor Means has called on the government to scale back on childhood vaccines RAWSEP View How can a medical doctor become disillusioned with successful safe and effective vaccines which save lives and instead turn to ineffective quack cures? That is probably a question for psychiatry or a question that can be answered by looking at how the inactive Doctor makes her living Doctor Means is not interested in saving lives and not interested doing no harm Why would Doctor Means not actively work to save lives as a doctor? Casey Means has a medical degree but her medical license is currently inactive Excerpts edited by RAWSEP for brevity and clarity and relationship to Residents Against Wood Smoke Emission Particulates a 501c3 nonprofit organization The New York Times May 7 2025 Trump said on Wednesday that he would nominate Casey Means a Stanford educated doctor turned critic of corporate influence on medicine and health as surgeon general Doctor Means an ally of the health secretary Kennedy Junior has described becoming disillusioned by establishment medicine She rose to prominence last year after she and her brother Calley Means a White House health adviser and former food industry lobbyist appeared on the Tucker Carlson show What is her field of medicine? Doctor Means who trained as an otolaryngologist and head and neck surgeon left surgery behind without finishing her training to practice so called functional medicine which focuses on addressing the root causes of disease She published a diet and self help book last year titled Good Energy The Surprising Connection Between Metabolism and Limitless Health Before that she had been best known for founding Levels a company that offers subscribers wearable glucose monitors to track their health What has she said about vaccines? Doctor Means has echoed some of the Kennedy Junior skepticism of vaccines calling on the new administration to study their cumulative effects and to weaken liability protections offered to vaccine makers as a way of encouraging them to develop new shots There is growing evidence that the total burden of the current extreme and growing vaccine schedule is causing health declines in vulnerable children she wrote in an October newsletter Child health experts are adamantly opposed to trimming the list of recommended immunizations warning that such changes would trigger outbreaks of deadly infectious diseases And they have noted that the government makes available the safety data used to license vaccines and the safety data generated after they are put into use
7 Democrats Must Embrace Their Inner Jerry Springer Excerpts edited by RAWSEP for brevity and clarity and relationship to Residents Against Wood Smoke Emission Particulates a 501c3 nonprofit organization The New York Times May 9 2025 The guest author is the host of the podcast Final Thoughts Jerry Springer Given that Hollywood is often caricatured as a hotbed of liberalism it is surprising that Republicans seem so much better than Democrats at the showbiz side of politics Two Republican presidents have stars on the Hollywood Walk of Fame Reagan and Trump as does the former Republican governor of California Arnold Schwarzenegger Yet among liberals there persists a sense that running celebrities for public office is somehow déclassé cynical or simply not something a serious party does The Democrats need to reckon with a new reality The electorate wants to be entertained Instead of continuing to run highly credentialed political lifers the party needs to embrace the idea of the celebrity candidate and find someone with sincerely held progressive beliefs sky high name recognition and experience winning over the kinds of voters who have supported the MAGA movement In other words they need to find someone like Jerry Springer If nothing else Democrats must get past their aversion to the unseriousness of celebrity and treat it as a selling point not a stumbling block Why not Oprah Winfrey ?
8 The European Wind Industry Faces Uncertainty Over The Trump Policies Not long ago the U S was seen as a promising market for offshore wind Now industry executives are not making any assumptions Excerpts edited by RAWSEP for brevity and clarity and relationship to Residents Against Wood Smoke Emission Particulates a 501c3 nonprofit organization The New York Times May 9 2025 In the sprawling flatlands of the Denmark Jutland peninsula near the small town of Give a family owned company called Welcon has been gearing up to build giant cylindrical wind turbine towers for a multibillion dollar project The project a wind farm called Empire Wind is being built by the Norwegian energy giant Equinor in the waters off Long Island N Y But those plans were thrown into disarray last month when the Trump administration which is skeptical about offshore wind power ordered an indefinite halt to construction The pause shocked the owners of Welcon and the wind industry It is in my opinion a banana republic over there one Welcon owner said referring to the chaotic blitz of policy changes coming from Washington You cannot just stop projects whose developers have already put in years of work Welcon was tapped as a subcontractor to supply the towers for the project by Vestas Wind Systems a leading wind turbine maker which has its headquarters in Aarhus in Jutland If Empire Wind is permanently shut down Vestas will lose a manufacturing order likely worth around $1 billion for 54 of its latest turbines which have blades nearly 380 feet long The contractors would probably receive some compensation from Equinor The wind industry is crucial to European ambitions to tackle climate change and enhance energy security but three months into the Trump second term in office industry executives are reassessing their approach to renewable energy Orders for onshore turbines in the United States have dried up at least temporarily as developers wait for the White House to clarify policies Turbine orders in the United States have fallen to their lowest level since the first quarter of 2020 Uncertainty dominates Dealing with changes and unknowns has become the role of a wind executive A wind executive does not know what will be announced five or six days from now What is certain is that costs will be passed on to customers and tariffs will mean higher electricity prices in the U S
9 The New Leader of Germany Has a Tough Job The halting path of Friedrich Merz to the office of the chancellor inflamed his challenges at home and abroad including a threat from the far right Excerpts edited by RAWSEP for brevity and clarity and relationship to Residents Against Wood Smoke Emission Particulates a 501c3 nonprofit organization The New York Times May 7 2025 The Friedrich Merz party won the German national election in late February After weeks of coalition negotiations Merz finally made it to the the office of the chancellor late Tuesday afternoon Forecasts for the stalled German economy which Merz has promised to jump start have sagged under the weight of the Trump tariffs and trade war Relations with Trump continue to fray The far right political party that many of the Trump team seem to favor the Alternative for Germany or AfD has pulled even with the Merz center right Christian Democrats in most polls If the national election had been held again on Sunday the AfD might have come in first even though German intelligence has formally declared it an extremist group Merz already faced towering twin tasks as chancellor He must show Europe and the world that Germany is ready to assume a leadership role unseen since the heyday of former Chancellor Angela Merkel more than a decade ago He must also convince a German public that is frustrated with grinding business as usual politics that mainstream parties can deliver needed change Merz wants to reduce regulations and modernize bureaucracy in hopes of stoking economic growth The German economy shrank last year and it has not grown in inflation adjusted terms for half a decade The new chancellor must also pass legislation to spend newly borrowed money for the military for infrastructure improvements and for initiatives to fight climate change The initiatives were all approved in the deal he cut with center left parties in a lame duck session of Parliament after the election but are yet to be made into law Spending legislation particularly matters for European partners who are looking to Germany to lead the way as the continent takes more responsibility for its own defense in the face of Trump threats to pull back American support Merz was set to spend his first full day on the job on Wednesday traveling to Paris and Warsaw In Paris Merz and President Emmanuel Macron of France held a news conference at which they affirmed commitments to defense and security in Europe Merz knows that solving problems like the economy are his best hope to keep the AfD at bay 10 Germany Uber Revenue Is Up 14% Despite Economic Fears The company also predicted that business in the current quarter would be stronger than Wall Street had predicted RAWSEP View Uber uses self driving cars also known as autonomous vehicles in apparent competition to Tesla Excerpts edited by RAWSEP for brevity and clarity and relationship to Residents Against Wood Smoke Emission Particulates a 501c3 nonprofit organization The New York Times May 7 2025 The company said on Wednesday that it had $11 point 5 billion in revenue in its most recent quarter up 14 percent from a year earlier and slightly below expectations of Wall Street investors Its total bookings also grew 14 percent to $42 point 8 billion which was in line with expectations Uber predicted that its bookings would increase 16 to 20 percent in the current quarter which was higher than Wall Street estimates of 14 percent The categories that we operate in these are restaurants transportation grocery tend to be categories that are quite consistent even during periods of macro uncertainty The Uber stock price fell as much as 5 percent in the hours after the report The profit of Uber for the quarter was $1 point 8 billion an improvement from the 2024 first quarter loss of $654 million which it attributed to a $721 million hit from revaluations of its investments Uber also announced a handful of new autonomous vehicle partnerships in the first four months of the year all part of the larger strategy of Uber to co opt the growth of robot taxi companies that could be seen as its competitors In March Uber began an exclusive partnership in Austin Texas with the autonomous vehicle company Waymo and the arrangement will soon expand to Atlanta As of May Uber had 18 active autonomous vehicle partnerships While ride hailing still accounts for the bulk of the profits of Uber the food delivery business of Uber grew 15 percent The company also spent $700 million to acquire an 85 percent stake in Trendyol Go a Turkish food and grocery platform on Tuesday 11 What is in a Name? In the Case of Leo XIV in 2025 Lessons in Bridging Historical Shifts Pope Leo XIII who served from 1878 to 1903 led the church into the modern world emphasizing its moral authority beyond national boundaries He defended the rights of working people and affirmed the value of science Excerpts edited by RAWSEP for brevity and clarity and relationship to Residents Against Wood Smoke Emission Particulates a 501c3 nonprofit organization The New York Times May 9 2025 5 01 a m ET What is in a name? A lot it turns out Matteo Bruni a Vatican spokesman told reporters on Thursday that the choice of Cardinal Robert Francis Prevost to be called Pope Leo XIV had been a clear and deliberate reference to the last Leo who led during a difficult time for the Roman Catholic Church and helped marshal it into the modern world Leo XIII who was head of the church from 1878 to 1903 one of the longest reigns in papal history is known for his 1891 encyclical He became known as the pope of the workers Leo XIII called on the church to reach out to a working class and work out an amicable relationship between capital and labor Leo XIII was the first pope to appear on film He founded the Vatican Observatory a research institute as a signal of the openness to science by the Catholic Church It must be clear that the Church and its pastors do not oppose true and sound science both human and divine but that they embrace encourage and promote it with all possible commitment he wrote 12 Putin Aims to Project Power at Military Parade Marking Victory Over Nazi Germany Putin is seeking to use the event to depict himself as a global leader despite Western efforts to isolate him and a failure to win the war in Ukraine Excerpts edited by RAWSEP for brevity and clarity and relationship to Residents Against Wood Smoke Emission Particulates a 501c3 nonprofit organization The New York Times May 9 2025 Joined by North Korean generals and the leaders of China and Brazil Putin of Russia on Friday marked the 80th anniversary of the victory of the Soviet Union over Nazi Germany with a Red Square military parade The parade at one point featuring drones used in Ukraine being trucked past the stands to the tune of a military band The global fortunes of Moscow seem to be rising thanks to the Russia friendly approach taken by Trump Unlike the 2024 parade which featured only one Soviet era tank this one was the biggest since the invasion of Ukraine More than 180 military vehicles including tanks howitzers and nuclear missile launchers rolled through the square the ministry said and a specialized drone unit participated in the parade for the first time reflecting the critical role of such weapons in the war The parade ended with a flyover of Russian jets 13 Japan Panasonic to Cut 10000 Jobs in Major Overhaul The Japanese technology conglomerate plans to shed underperforming businesses and shift its focus to new areas of growth Excerpts edited by RAWSEP for brevity and clarity and relationship to Residents Against Wood Smoke Emission Particulates a 501c3 nonprofit organization The New York Times May 9 2025 Japanese tech giant Panasonic is planning to pare troubled business lines and its work force by thousands as it aims to reorient itself for a technological era no longer dominated by its traditional electronics Panasonic said that it would cut about 10000 jobs globally primarily within the fiscal year that started in April As part of its effort to bolster profitability the company said it would promote the termination of loss making businesses with no prospect of improving profit