Caterpillar CEO says no double-dip recession

Caterpillar CEO says no double-dip recession August 19 (AP) — Global equipment sales increased 32 percent. And engine and turbine sales were up 5 percent overall. “There seems to be a doom and gloom out there in the punditry,”CEO Doug Oberhelman said. “We’re not seeing that.” Caterpillar said equipment sales in the Asia Pacific region surged [...]