Lipton strike ends
Workers at RL Lipton Distributing Co. voted to end their strike Wednesday and return to work next week, said Ralph Sam Cook, secretary-treasurer of Teamsters Local 377.
The union members started their picket line June 25 after negotiations with the company came to an impasse.
At the time, those on the line attempted to prevent trucks from coming and going at 425 Victoria Road, where the business is located, and operations were not curbed severely.
The employees will go back to work Monday, Cook said.
The company distributes beverages throughout the Mahoning Valley and Ashtabula County.
No further details about the standoff, why the workers went on strike and what led to the strike’s resolution were available late Wednesday.
Computer mouse inventor dies at 88
Doug Engelbart, a visionary who invented the computer mouse and developed other technology that has transformed the way people work, play and communicate, died late Tuesday. He was 88.
Back in the 1950s and ’60s, when mainframes took up entire rooms and were fed data on punch cards, Engelbart already was envisioning a day when computers would empower people to share ideas and solve problems in ways that seemed unfathomable at the time.
He said his work was all about “augmenting human intellect” — a mission that boiled down to making computers more intuitive to use. One of the biggest advances was the mouse, which he developed in the 1960s and patented in 1970. At the time, it was a wooden shell covering two metal wheels: an “X-Y position indicator for a display system.”
Among Engelbart’s other key developments in computing, along with his colleagues at the Stanford Research Institute and his own lab, the Augmentation Research Center, was the use of multiple windows. Engelbart’s lab also helped develop ARPANet, the government research network that led to the Internet.
30-year mortgage rate falls to 4.29%
Average U.S. rates on fixed mortgages fell this week after last week’s surge. The declines could prompt homebuyers to act quickly before rates rise further.
Freddie Mac said Wednesday that the average on the 30-year loan dropped to 4.29 percent. That’s down from 4.46 percent last week, the highest in two years and a full point more than a month ago.
The average on the 15-year mortgage fell to 3.39 percent, down from 3.50 percent last week — the highest since August 2011.
Despite the gains, mortgages are still low by historical standards. Low mortgage rates have helped fuel a housing recovery that has kept the economy growing modesty.
Vindicator staff/wire services