business news in context, analysis with attitude

•  From the Washington Post:

"Americans filed 547,000 first-time unemployment claims last week, the Labor Department reported Thursday, hitting a pandemic low for the second week in a row as the recovery gains steam.

"Last week’s surprise report, which recorded 586,000 revised initial claims, coupled with news that March retail sales had notched one of the largest jumps on record, fueled hopes that the economy was rebounding as coronavirus vaccinations picked up and stimulus funds continued to hit American bank accounts."

•  From Environmental Leader:

"The Kroger Co. is offering customers a way to recycle flexible plastic packaging in what the grocer says is the first program of its kind. The 'Kroger Our Brands Recycling Program,' developed in partnership with TerraCycle, encourages customers to mail in flexible plastic Kroger-brands packaging. Once received, the collected packaging will be cleaned and melted into hard plastic that can be remolded to make new recycled products, the company says."

According to the story, "Customers are invited to collect flexible plastic packaging like bags, pouches, liners and wraps from Kroger’s 'Our Brands' products and pack them into 'any available box.'  They must then ship the box using a free prepaid shipping label available in their account they create on the program webpage. For every pound of eligible packaging, participants earn points, which can be redeemed as donations to participating charitable organizations."