Global airline passenger traffic is on track for double-digit growth this year as a rebounding Chinese market leads broader expansion by carriers in Asia and the Middle East.
And speaking of things that go, the U.S. auto industry may in fact offer President Obama the only dependable port in a re-gathering economic storm when car makers post their August sales results early next week: Prognosticators believe the sales snapshot will show an auto industry that is still strongly on track toward its third consecutive year of double-digit sales gains.
"Verizon delivered another strong quarter of earnings growth and cash generation, and we remain on track to meet our financial objectives and produce solid double-digit earnings growth for the year, " said Lowell McAdam, Verizon chairman and CEO.