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   NEWS: WALL STREET JOURNAL US BUSINESS
Wall Street Journal US Business
Jan 25, 2021

Davos This Year: Silent Streets, Good Skiing
Locals in the Swiss mountain hamlet savor the absence this January of thronging CEOs, shouting protesters and hovering helicopters. ‘The sense of calm is great.'

Wall Street Journal US Business
Jan 25, 2021

Labor Nominee Walsh Holds Modest Assets, Disclosures Show
President Biden's pick for Labor Department secretary, Marty Walsh, primarily earned income from his Boston mayor's salary and held modest assets and two mortgage loans, according to government disclosures

Wall Street Journal US Business
Jan 25, 2021

British Economy, Post Brexit and Pummeled by Covid, Is Worst in G-7
Charts show the U.K. economy came into the coronavirus pandemic weaker than its peers after years of uncertainty over Brexit. Then, it was hurt more by shutdowns because of its dependence on recreational spending for growth.

Wall Street Journal US Business
Jan 25, 2021

Google Progresses Plan to Remove Third-Party Cookies
The Alphabet unit is pushing forward with its plan to remove a widely used tracking technology from its Chrome web browser, despite complaints from rivals that rely on it to target ads at individuals.

Wall Street Journal US Business
Jan 25, 2021

Boy Scouts' Insurers Challenge Sex-Abuse 'Claim-Mining'
The Boy Scouts of America's liability insurers threw doubt on the huge increase in sex-abuse claims filed against the youth organization after it filed for bankruptcy, claiming that plaintiffs' attorneys and for-profit claims generators helped gin up tens of thousands of claims with little or no vetting.

Wall Street Journal US Business
Jan 25, 2021

Moderna Developing Booster Shot Against Strain First Identified in South Africa
Moderna said its Covid-19 vaccine appeared to protect against emerging strains in lab tests, but due to a weaker immune response, the company will develop a booster shot targeting the variant first identified in South Africa.

Wall Street Journal US Business
Jan 25, 2021

CEOs Confront Employees' Doubts on Covid-19 Vaccine
From video campaigns to vaccine clinics with games and cake, companies deploy tactics to coax skeptical employees to get shots.

Wall Street Journal US Business
Jan 25, 2021

Cuomo Proposes Airbnb Collect Sales Tax on New York Stays
The proposal could generate an additional $10 million for the state in the fiscal year that starts April 1, and $18 million in subsequent years, the governor's aides say.

Wall Street Journal US Business
Jan 25, 2021

Budweiser Skips Super Bowl Ad, Promises Vaccine Education Instead
Anheuser-Busch said it won't devote a Super Bowl commercial to its flagship Budweiser beer brand this year for the first time since 1983.

Wall Street Journal US Business
Jan 25, 2021

Biden Faces a China With More Clout at the WTO
Beijing has become more active in cases and cast itself as a defender of the group's top court.

Wall Street Journal US Business
Jan 25, 2021

Merck Scraps Covid Vaccine Candidates
Merck is halting development of its two experimental Covid-19 vaccines, after early clinical-trial data showed the shots generated disappointing immune responses against the virus.

Wall Street Journal US Business
Jan 25, 2021

Merck Scraps Covid-19 Vaccine Candidates
Merck is halting development of its two experimental Covid-19 vaccines, after early clinical-trial data showed the shots generated disappointing immune responses against the virus.

Wall Street Journal US Business
Jan 25, 2021

AMC Nets $917 Million in Financing to Ward Off Bankruptcy
The world's largest movie theater chain is buying time with debt and equity deals as it continues to burn cash during the Covid-19 pandemic.

Wall Street Journal US Business
Jan 25, 2021

Cannabis Companies Are Ready to Roll
Since Democrats won control of the Senate earlier this month, many in the cannabis industry are betting on a more rapid path to full federal legalization and a pickup in deal making as companies rush to scale up.

Wall Street Journal US Business
Jan 25, 2021

Caterpillar's Chinese Rivals Power Through the Pandemic
Sany Heavy and Zoomlion have gained market share in China while their foreign competitors have been hobbled by Covid-19.

Wall Street Journal US Business
Jan 25, 2021

Derby's Take: Economists Don't Expect Much From This Week's Fed Meeting
Wall Street economists are heading into this week's Federal Reserve monetary policy meeting with low expectations.

Wall Street Journal US Business
Jan 25, 2021

Will Brexit Lead to Higher Funding Costs? Companies Aren't Sure
Chief financial officers will have to wait and see if the U.K.'s exit from the European Union will lead to higher funding costs, as many businesses loaded up on liquidity before the Dec. 31 deadline for a trade agreement.

Wall Street Journal US Business
Jan 25, 2021

Yellen Passed the Economic Stability Baton to Powell. Now, He's Handing It Back.
Janet Yellen, who is tapped to be Treasury secretary, and Fed Chairman Jerome Powell are friends and former colleagues. Their shared experience and economic views set the stage for the closest working relationship between their institutions since the 2008 financial crisis.

Wall Street Journal US Business
Jan 25, 2021

Smart-Lock Maker Latch to Use Tishman Speyer SPAC to Go Public
Latch Inc., a maker of smart locks and building-management software, plans to go public using a so-called blank-check vehicle, joining the parade of startups looking to cash in on investor interest in tech-enabled businesses.

Wall Street Journal US Business
Jan 25, 2021

Biden to Sign Buy American Order
The executive order will make it harder for federal agencies to purchase imported products and revise the definition of American-made goods.

Wall Street Journal US Business
Jan 25, 2021

China's Love of TikTok-Style Apps Powers $5 Billion IPO
Kuaishou Technology has its eyes on the world's biggest initial public offering in more than a year, seeking to raise about $5 billion from a Hong Kong share sale.

Wall Street Journal US Business
Jan 24, 2021

Big Tech Tops Lobbying Spending
Facebook and Amazon boosted their federal lobbying expenditures last year as Big Tech braced for a new administration in the White House and new scrutiny of their business practices.

Wall Street Journal US Business
Jan 24, 2021

NCR Is Nearing a Deal to Buy ATM Operator Cardtronics
NCR is finalizing a takeover that would value Cardtronics at $39 a share, or around $1.7 billion, outbidding a pair of investment firms that had earlier agreed to buy the ATM operator.

Wall Street Journal US Business
Jan 24, 2021

China Overtakes U.S. as Leading Foreign-Investment Destination
New investments by overseas businesses into the U.S., which for decades held the No. 1 spot, fell 49% in 2020, according to U.N. figures.

Wall Street Journal US Business
Jan 24, 2021

Economy Week Ahead: Industry, GDP, Consumer Spending
Data out this week will show how the economy was performing as 2020 came to a close.

Wall Street Journal US Business
Jan 24, 2021

How to Know When to Quit Your Job
Many baby boomers struggle with the decision to step down. When they leave, the transition is often "painful and messy," says one career coach.

Wall Street Journal US Business
Jan 24, 2021

Dropping WhatsApp? Nostalgia Drives Users to ICQ
Before social media was about algorithms and viral misinformation, kids in Hong Kong loved a clunky instant-messaging service used on dial-up PCs. Now they're grown up, and back.

Wall Street Journal US Business
Jan 24, 2021

The Best Noise-Canceling Headphones
Even the best noise-canceling headphones can't offer total silence. But they can reduce the impact of whatever pandemonium is happening around you. A number of new offerings recently hit the market.

Wall Street Journal US Business
Jan 24, 2021

Covid-19's Financial Toll Mounts as Homeowners Delay Payments
Some 2.7 million homeowners are still pausing their monthly mortgage bills, and more might need help in the coming months.

Wall Street Journal US Business
Jan 24, 2021

Covid-19's Financial Toll Mounts on Homeowners
Some 2.7 million homeowners are still pausing their monthly mortgage bills, and more might need help in the coming months.

Wall Street Journal US Business
Jan 24, 2021

Biden's 'Buy American' Plan Eyed Warily
The president is expected to detail his initiative Monday. It will be closely watched by other countries hopeful for a better trade relationship than the one with the previous administration.

Wall Street Journal US Business
Jan 24, 2021

Biden Team Promises New Look in Trade Policy
A "worker-centered" policy means less focus on opening markets for banks and drug makers.

Wall Street Journal US Business
Jan 24, 2021

China Joins Push to Rein In Big Tech Companies
Beijing recently unveiled guidelines for competition, adding to efforts in Brussels and Washington to curb the power of digital firms.

Wall Street Journal US Business
Jan 24, 2021

China Joins Push to Rein in Tech Giants
Beijing is adding new momentum to efforts in Brussels and Washington to curb the power of big digital companies.

Wall Street Journal US Business
Jan 24, 2021

Manufacturing Rebound Has Suppliers Struggling to Keep Up
A quicker-than-expected recovery in U.S. manufacturing is resulting in supply disruptions and higher costs for materials used in products meeting increased demand.

Wall Street Journal US Business
Jan 23, 2021

AstraZeneca's Vaccine Shortfall Threatens EU Plans to Boost Inoculations
The drugmaker expects to deliver tens of millions fewer Covid-19 vaccine doses than planned to the EU in coming months, threatening the continent's efforts to increase vaccinations and delivering a fresh reputational blow to the company.

Wall Street Journal US Business
Jan 23, 2021

Stimulus Checks to Fill Gaps in Aid Programs
As Congress weighs another round of direct payments to households, advocates see a continuing role for periodic cash from Washington.

Wall Street Journal US Business
Jan 23, 2021

Snap Turning Virtual Reality Into Real Money
The company is putting users in stores, and businesses on maps, virtually. Investors are giving it real credit.

Wall Street Journal US Business
Jan 23, 2021

Tech Giants Apple, Microsoft and Tesla Headline Busy Earnings Week
Tech giants Microsoft, Apple and Tesla will be among the companies headlining a busy earnings week, shedding more light on how businesses performed at the end of 2020 as Covid-19 cases rose.

Wall Street Journal US Business
Jan 23, 2021

Apple, Microsoft and Tesla Headline Busy Earnings Week
The three tech giants will be among the companies providing quarterly updates, shedding more light on how businesses performed at the end of 2020.

Wall Street Journal US Business
Jan 23, 2021

On the 100th Anniversary of 'Robot,' They're Finally Taking Over
A century after playwright Karel Capek coined the word "robot," we finally have the technology to make the stuff of science fiction a reality—for better and for worse.

Wall Street Journal US Business
Jan 23, 2021

When SPACs Attack! A New Force Is Invading Wall Street.
"Blank check" firms known as SPACs are in pursuit of America's hottest startups. Is the invasion a sign of a market euphoria that can't last?

Wall Street Journal US Business
Jan 22, 2021

Samsung Eyes Investing Up to $17 Billion in New U.S. Chip Plant
The South Korean electronics giant is scouting locations in Texas, Arizona and New York for a semiconductor plant.

Wall Street Journal US Business
Jan 22, 2021

United Looks to Require Workers to Get Covid-19 Vaccines
United Airlines Holdings wants to require its workers to get Covid-19 vaccines, Chief Executive Scott Kirby told employees, though he cautioned there are logistical hurdles to implementing such a mandate.

Wall Street Journal US Business
Jan 22, 2021

Biden Signs Orders to Boost Covid Aid, Federal Benefits
The president directed agencies across the government to take steps to enhance federal benefits, such as expanding food assistance and improving the distribution of stimulus checks.

Wall Street Journal US Business
Jan 22, 2021

Labor Groups Push Biden Administration on Union-Friendly Priorities
Labor unions are urging President Biden to move quickly to fulfill his campaign promise to champion organized labor and workers' rights, including by pushing for legislation to bolster unionizing efforts.

Wall Street Journal US Business
Jan 22, 2021

DoorDash Is Going to the Super Bowl. So Are Other Brands That Did Well During the Pandemic.
Fiverr International and Scotts Miracle-Gro are also first-time Super Bowl ad buyers this year.

Wall Street Journal US Business
Jan 22, 2021

AstraZeneca Warns of Covid-19 Vaccine Shortfall in Europe
The drugmaker blamed an unspecified manufacturing issue. EU leaders are facing scrutiny over what critics say has been a slow vaccine rollout.

Wall Street Journal US Business
Jan 22, 2021

Comcast's NBCUniversal to Shut Down Sports Cable Channel NBCSN
National Hockey League and NASCAR programming will move to the USA Network.

Wall Street Journal US Business
Jan 22, 2021

China Pushes for High-Level Meeting to Ease Tension With U.S.
Beijing is pressing for a meeting of its top diplomat with senior Biden aides to explore a summit between the two nations' leaders, highlighting China's hopes to quickly stabilize a rocky relationship with Washington.

Wall Street Journal US Business
Jan 22, 2021

Amazon Seeks to Postpone Alabama Unionization Vote
The technology company is pushing for in-person union ballots in place of a mail-in option that was allowed due to the pandemic.

Wall Street Journal US Business
Jan 22, 2021

Electric-Vehicle Surge Sends Cobalt Prices Soaring
A 20% rise in the price of cobalt—a key ingredient in car batteries—since the beginning of the year shows how the rush to build more electric vehicles is stressing global supply chains.

Wall Street Journal US Business
Jan 22, 2021

U.S. Business Activity Gains at Start of Year
Surveys of purchasing managers showed the American economy gaining momentum at the start of the year and a growing risk of a second recession in Europe.

Wall Street Journal US Business
Jan 22, 2021

China Played Its Hand Well in 2020. Will It Keep Winning?
While American democracy struggled to cope with the pandemic, economic crisis and political unrest, Chinese authoritarianism could point to notable successes—and rising international clout.

Wall Street Journal US Business
Jan 22, 2021

Yellen Approved for Treasury Chief by Senate Panel
A Senate panel voted to approve Janet Yellen's nomination to be the next U.S. Treasury secretary, sending her nomination to the full Senate, which could vote to confirm her as soon as Friday.

Wall Street Journal US Business
Jan 22, 2021

U.S. Home Sales Reach Highest Level in 14 Years
Sales of previously owned homes rose in 2020 to the highest level since 2006, as ultralow interest rates and remote work during the pandemic increased homebuying demand.

Wall Street Journal US Business
Jan 22, 2021

Google Closes Loon, Its Plan to Use Balloons for Web Access
The Alphabet project, which aimed to serve hard-to-reach regions of the world, is winding down after company couldn't reduce costs enough to make its business model sustainable.

Wall Street Journal US Business
Jan 22, 2021

WHO Caught Between China and West on Frozen-Food Coronavirus Transmission
The World Health Organization, in draft advice erroneously sent to The Wall Street Journal and which WHO officials say wasn't cleared for publication, warns that the coronavirus could spread via the cold chain and be reintroduced into countries where the pandemic is under control.

Wall Street Journal US Business
Jan 22, 2021

Where Current Vaccination Rate Will Take Us
Most people in the U.S. might not be inoculated until 2022, although the Biden administration's efforts could quicken the pace.

Wall Street Journal US Business
Jan 22, 2021

How Long It Will Take to Get Vaccines to Most Americans
Most people in the U.S. might not be inoculated until 2022, although the Biden administration's efforts could quicken the pace.

Wall Street Journal US Business
Jan 22, 2021

Surging Grain Prices Fuel Surprise Farm Recovery
Prices for corn, soybeans and wheat have soared to their highest levels in more than six years as dry weather and strong export demand from China drain U.S. stockpiles.

Wall Street Journal US Business
Jan 22, 2021

Companies Sell Stock at Record Pace to Start the Year
U.S.-listed companies have conducted 57 follow-on stock offerings, raising $12.35 billion. Both numbers are records for this point in the year.

Wall Street Journal US Business
Jan 22, 2021

Markets Are Convinced: The Fed Won't Come for the Punch Bowl
Global investors have seized on the idea that the Federal Reserve will keep interest rates low as inflation rises. But they still need to fully figure out what this means for their portfolios.

Wall Street Journal US Business
Jan 22, 2021

Eurozone on Brink of Another Recession Amid Covid Wave
The eurozone economy has suffered a weak start to the new year, with high coronavirus infection rates and government restrictions increasing the risk of a second recession since the pandemic first struck last year.

Wall Street Journal US Business
Jan 22, 2021

Paramount Marketing Push Will Rely Heavily on ViacomCBS Networks
ViacomCBS Inc. will begin a 13-week marketing campaign for its coming Paramount streaming service with advertising during the National Football League's AFC Championship game this Sunday, followed by ads during the Super Bowl, the Grammy Awards, the Masters and March Madness.

Wall Street Journal US Business
Jan 22, 2021

SPACs Rescued Wall Street From the Covid Doldrums
Initial public offerings from so-called blank-check companies gave a boost to banks' stock-selling operations in 2020.

Wall Street Journal US Business
Jan 22, 2021

Purell Maker Bets Sanitizing Habits Outlast the Pandemic
Gojo Industries, the family-owned maker of Purell hand sanitizer, has added a factory and warehouse and restructured its supply chain, expecting consumers' new hygiene habits are here to stay.

Wall Street Journal US Business
Jan 22, 2021

Defense Act Extends Anti-Money-Laundering Requirements to Antiquities Market
The U.S. Treasury Department will propose new rules extending anti-money-laundering requirements to antiquities dealers, as part of recently passed defense-policy legislation.

Wall Street Journal US Business
Jan 22, 2021

Mexico Working on Alternative to Bill That Would Force Central Bank to Buy Dollars
The Mexican government is preparing a banking product to help migrant workers change their dollars as an alternative to a bill in Congress that would put the responsibility for excess foreign cash on the central bank, Mexico's top finance official said.

Wall Street Journal US Business
Jan 22, 2021

Amid Housing Boom, Demand for Small Spaces Grows Too
The Covid-19 pandemic sent many Americans dreaming of more space and scurrying to find it. Sales of large homes are booming, and so too are tiny ones.

Wall Street Journal US Business
Jan 22, 2021

Biden to Sign Orders to Boost Covid Aid, Federal Benefits
President Biden plans to ask agencies across the government to take steps to enhance federal benefits, such as expanding food assistance and improving the distribution of stimulus checks.

Wall Street Journal US Business
Jan 22, 2021

Google Threatens Search Shutdown in Australia
Google said it would have no real choice but to shut down its search engine in Australia if a proposed law requiring tech giants to pay publishers for news isn't changed.

Wall Street Journal US Business
Jan 22, 2021

Google Escalates Dispute With Australia by Threatening Search Shutdown
Google said it would have no real choice but to shut down its search engine in Australia if a proposed law requiring tech giants to pay publishers for news isn't changed.

Wall Street Journal US Business
Jan 21, 2021

Augmented Reality Used in Knee-Replacement Surgery in a U.S. First
A surgeon at the Hospital for Special Surgery in New York recently performed the first knee-replacement surgeries in the U.S. using augmented reality.

Wall Street Journal US Business
Jan 21, 2021

All 12 Regional Fed Bank Heads Get New Terms
The presidents and their current seconds-in-command will get another five-year stint.

Wall Street Journal US Business
Jan 21, 2021

Fed Says All 12 Regional Bank Presidents Approved for New Terms
The presidents and their current seconds-in-command will get another five-year stint.

Wall Street Journal US Business
Jan 21, 2021

Intel to Outsource More Production
The chip maker, which is reviewing its production strategy, reported a slight drop in earnings for 2020, but sales hit a record high of $77.9 billion.

Wall Street Journal US Business
Jan 21, 2021

IBM Pledges to Return to Growth in 2021
International Business Machines expects to return to revenue growth this year after reporting a 4.6% decline in 2020 as corporate customers' focused on preserving cash during the coronavirus pandemic.

Wall Street Journal US Business
Jan 21, 2021

Federal Judge Denies Parler's Bid to Force Amazon to Resume Service
The judge ruled that Parler's claims didn't meet the threshold for a preliminary injunction, though the court wasn't yet dismissing the company's claims against Amazon.

Wall Street Journal US Business
Jan 21, 2021

Instacart Cutting 1,900 In-Store Jobs
Those expected to lose their jobs complete consumers' orders at stores and hand them over to others for delivery. The company is focusing on having workers both fulfill and deliver orders.

Wall Street Journal US Business
Jan 21, 2021

Intel Caps Off Difficult Year With Record Sales
The chip maker reported a slight drop in earnings for 2020, but sales hit a record high of $77.9 billion. The company also boosted its dividend.

Wall Street Journal US Business
Jan 21, 2021

Corteva Faces Renewed Activist Pressure
The crop seed and pesticide maker is confronting pressure from Starboard Value, less than two years after the agriculture company launched.

Wall Street Journal US Business
Jan 21, 2021

Buttigieg Pledges to Support Biden's $2 Trillion Infrastructure Plan
President Biden's nominee to lead the Transportation Department told a Senate panel that he would pursue the administration's goals to drive federal spending on roads, rails and bridges.

Wall Street Journal US Business
Jan 21, 2021

Ford, GM Stocks Rally on Electric-Vehicle Enthusiasm
Until lately, Detroit's auto makers haven't benefited much from Wall Street's fixation with electric and driverless cars, but shares of both Ford and GM are both up about 35% so far this month.

Wall Street Journal US Business
Jan 21, 2021

Maersk Ship Loses 750 Containers Overboard in Pacific Ocean
Rough seas during a trip from China to Los Angeles caused the loss, the latest in a series of weather-related accidents at sea affecting millions of dollars in cargo.

Wall Street Journal US Business
Jan 21, 2021

Trump Businesses See Sharp Revenue Decline
Former President Donald Trump saw revenue fall in his family businesses last year as the pandemic took a toll on the Trump Organization's hotels and golf resorts, one of many financial challenges he faces.

Wall Street Journal US Business
Jan 21, 2021

Facebook Refers Trump Suspension to Oversight Board
The social-media company said a decision from its independent panel on the matter—the biggest issue it has tackled since being established last year—would be binding.

Wall Street Journal US Business
Jan 21, 2021

Biden Moves to Set Covid-19 Workplace-Safety Rules
The president is pursuing an emergency temporary standard that would set requirements for employers, a step up from the Trump administration's voluntary guidance.

Wall Street Journal US Business
Jan 21, 2021

ECB Holds Rates, Stimulus Steady as Lagarde Strikes Optimistic Tone
ECB President Christine Lagarde sounded a cautiously optimistic note on Europe's economic recovery despite a wave of Covid-19 infections that has closed shops, schools and businesses across the region.

Wall Street Journal US Business
Jan 21, 2021

Covid-19 Kindled D.C.'s Luxury Market. The New Administration Could Make It Even Hotter.
The pandemic lit a fire under the city's high-end home market. Real-estate agents say it could become even more competitive, as President Biden appointees descend on the U.S. capital.

Wall Street Journal US Business
Jan 21, 2021

Mytheresa IPO Is Less Fashion-Forward Than It Looks
The former owners of troubled department store Neiman Marcus have sold a stake in the online retailer at an eye-popping valuation, but its business model may need a makeover.

Wall Street Journal US Business
Jan 21, 2021

As Audiobooks Boom, Publishers Get Inventive With Sound-Only Games Recipes, Puzzles, How-Tos
Audiobooks' rise in popularity is giving publishers confidence to move beyond lean-back listening.

Wall Street Journal US Business
Jan 21, 2021

Want to be a Hollywood Player? Covid and Streaming Have Changed All the Rules
Movie studios have quickly embraced streaming in the pandemic, and that's shaking up who's in charge, how contracts are set up and how stars get paid.

Wall Street Journal US Business
Jan 21, 2021

Travelers Profit Increases 50%, Fueled by Car-Insurance Unit
The insurer benefited from fewer catastrophes than in the year-earlier period and premium increases in some lines of business sold to corporate customers.

Wall Street Journal US Business
Jan 21, 2021

What Is Keystone XL and Why Did President Biden Block It?
President Biden's decision to revoke a permit for Keystone XL likely spells the end of a saga spanning more than 12 years over the pipeline carrying Canadian crude to the U.S.

Wall Street Journal US Business
Jan 21, 2021

Eclipsed by Chinese Rivals, LG Ponders Smartphone Future
South Korea's LG Electronics, still one of the biggest phone sellers in the U.S., said the company is "leaving all possibilities open" for its beleaguered mobile division amid slumping sales.

Wall Street Journal US Business
Jan 21, 2021

LG Rethinks Its Smartphone Unit's Future as Chinese Rivals Power Ahead
South Korea's LG Electronics, still one of the biggest phone sellers in the U.S., said the company is "leaving all possibilities open" for its beleaguered mobile division amid slumping sales.

Wall Street Journal US Business
Jan 21, 2021

Post-Brexit Trade Rules Face Early Tests
Britain's first weeks outside of the EU have been mixed, as products from large companies mainly sailed through ports while many small businesses struggled with the new rules governing trade.

Wall Street Journal US Business
Jan 21, 2021

New York City's Restaurant Week Returns
The city's restaurants may be closed for indoor service because of the pandemic, but the popular NYC Restaurant Week promotion is returning in a new format that will emphasize delivery and takeout.

Wall Street Journal US Business
Jan 21, 2021

Jobless Claims Remained Elevated Last Week
About 900,000 workers filed for unemployment benefits last week as the labor market struggles to recover this winter.

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