WASHINGTON >> Researchers say safety systems to prevent cars from drifting into another lane or that warn drivers of vehicles in their blind spots are beginning to live up to their potential to reduce crashes significantly.
Two studies released Wednesday by the Insurance Institute for Highway Safety found that vehicles with lane-keeping systems and blind-spot monitoring systems had lower crash rates than the same vehicles without the systems.
Lowe’s earnings get lift from joint venture
MOORESVILLE, N.C. >> Lowe’s second-quarter profit got a boost from the sales of an Australian joint venture, but its performance was weak by most measures in a vibrant housing market, and its profit outlook for the year was well below the expectations of industry analysts.
For the period ended Aug. 4, Lowe’s Cos. earned $1.42 billion, or $1.68 a share. A year ago the Mooresville, N.C., company earned $1.17 billion, or $1.31 a share.
The current quarter included a $96 million gain related to the sale of its interest in the Australian joint venture.
Revenue rose to $19.5 billion from $18.26 billion.
ON THE MOVE
Carlsmith Ball has announced that the following attorneys have been elected to partner, as of July:
>> Kathy Garson was “of counsel” in the firm’s Hilo office. She will continue to focus on real estate and project development as well as land use litigation. Garson will also be an administrative partner in charge of the Hilo office.
>> Melissa Lambert will focus on advising employers on personnel issues and compliance with employment laws.
>> Kenji Price has experience as an assistant U.S. attorney in New York and in representing companies and individuals in criminal and civil matters in Hawaii.
>> David Ross’ practice will include alternative dispute resolution, complex commercial litigation and pre-dispute counseling for businesses of all sizes.
