Dollars & Sense: KFC in China; U.S. up for sale
Texas Gov. Rick Perry and state lawmakers must close a budget deficit of as much as $27 billion.
January 19th, 2011
04:34 PM ET

Dollars & Sense: KFC in China; U.S. up for sale

A roundup of today's CNNMoney news:

Even deficits are bigger in Texas: Texas lawmakers unveiled a Spartan budget that slashes $31 billion in spending to close the state's massive budget deficit. Education, Medicaid and corrections would take the biggest hits.

U.S. for sale: The government owns somewhere in the neighborhood of 650 million acres of land peppered with 429,000 buildings. As it looks to close up its massive budget deficit, everything from lighthouses, unused empty buildings and big plots of land are all hitting the auction block.

Colonel Sanders: China's favorite import: Who knew KFC was so big in China? Yum! Brands, which owns the iconic American brand, saw its third-quarter 2010 sales rise 20 percent from the same quarter in 2009, while sales in the United States dropped 8 percent. Meanwhile, the debate over China’s currency rages on.

Meet the newest GoDaddy girl: Fitness fanatic Jillian Michaels will appear in two GoDaddy ads during this year's Super Bowl broadcast on Feb. 6. She'll co-star with race car driver Danica Patrick.

Chrysler's battery-less hybrid: By the end of next year, a Town and Country van built around a hybrid system that relies on pumped-up hydraulic fluid, rather than expensive batteries, will be up and running.

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Filed under: Business • Dollars & Sense • Economy
soundoff (8 Responses)
  1. marlin

    One day all dollars and sense will b gone but tha glory of God will b forever

    January 19, 2011 at 5:01 pm | Report abuse |
    • Rich

      Amen. Every eye shall see....every knee shall bow....every tongue will confess. Its only a matter of time.

      January 19, 2011 at 6:47 pm | Report abuse |

    chryslers new van using hydraulics sounds neat.. altho i wonder if they are going to be targeted by mexicans trying to steal the hydraulics for there 64 impallas?

    January 19, 2011 at 6:37 pm | Report abuse |

    KFC used to be good.

    January 19, 2011 at 7:28 pm | Report abuse |
    • Mmmmm

      Duh...what do you expect in the avian flu capital of the werld! But then it could be that new menu item: grilled chicken 😉

      January 19, 2011 at 7:49 pm | Report abuse |

    they got the bird flu from long duck dong

    January 19, 2011 at 10:04 pm | Report abuse |
  5. G

    Do these people posting comments about the glory of God have any clue how insane they sound? Evolution doesn't sound crazy compared to these zealots...

    January 19, 2011 at 10:11 pm | Report abuse |
  6. k

    American living in china. KFC here is great. Definitely not the same KFC in US. You can get chicken similiar to US but also shrimp burgers, rice and egg tarts. Now if they would only bring taco bell over.

    January 19, 2011 at 10:46 pm | Report abuse |