In a bid to enhance profitability, Panasonic Holdings Corp. announces plans to lay off 10,000 employees, including 5,000 in Japan and 5,000 abroad. The company anticipates significant restructuring charges as it shifts focus.
Alysa Liu, at just 19, has made history by becoming the first U.S. women's singles figure skater to win a world title in 19 years. After a two-year retirement, she stunned the competition with her incredible performance, surpassing three-time champion Kaori Sakamoto.