Live Financial And Business News By SaneBull

KABUL (Reuters) - Afghanistan accused the United Nations on Saturday of intervening in the formation of President Hamid Karzai's next cabinet, less than a week into his new term.

MOSCOW (Reuters) - A Russian military plane with 11 people on board crashed in the Pacific Ocean during a training flight late on Friday, the Defense Ministry said.

ST ANDREWS, Scotland (Reuters) - Following are comments on Saturday from Group of 20 finance ministers, central bank policymakers and officials meeting in Scotland.

(Reuters) - The U.S. House of Representatives may vote on a sweeping healthcare overhaul as early as Saturday. Here are the main provisions of the House bill.

(Reuters) - The debate over U.S. healthcare reform is full of terms familiar to lawmakers and lobbyists but often obscure to the public.

BERLIN, Nov 7 (Reuters) - Political infighting in Ukraineahead of a presidential election in January is holding up Kiev'spayments for Russian gas, Russian President Dmitry Medvedev saidin an interview with German weekly magazine Der Spiegel.

Nov 7 (Reuters) - The U.S. House of Representatives mayvote on a sweeping healthcare overhaul as early as Saturday.Here are the main provisions of the House bill.

Nov 7 (Reuters) - The debate over U.S. healthcare reform isfull of terms familiar to lawmakers and lobbyists but oftenobscure to the public.

AMSTERDAM, Nov 7 (Reuters) - Dutch mail company TNT NV said on Saturday it had sent a new proposal to unions,which included a maximum pay cut of 3.5 percent, but wouldprevent massive job cuts.

ST ANDREWS, Scotland, Nov 7 (Reuters) - A tax on financialtransactions to fund future bank bailouts should be consideredwith urgency, British Prime Minister Gordon Brown said onSaturday, a significant departure from London's line to date.

* Glaxo is kingdom's sole supplier of H1N1 vaccine for now

* Group of 20 divided on push to reach climate finance deal

Nov 7 (Reuters) - The U.S. House of Representatives mayvote on a sweeping healthcare overhaul as early as Saturday.Here are the main provisions of the House bill.

MUMBAI, Nov 7 (Reuters) - India's Dr Reddy's Laboratories has filed for marketing a generic version of Pfizer's cholesterol-lowering drug Lipitor in the U.S., thecompany said on Saturday.

* Big San Francisco bank serving Chinese community closed

* Group of 20 divided on push to reach climate finance deal

WASHINGTON, Nov 6 (Reuters) - U.S. President Barack Obamaon Friday listed a range of fresh options being considered bythe White House to spur growth after "sobering" news thatunemployment spiked to a 26 1/2-year peak last month.

* Brokerage upgrades offset data; GE up 6 pct * U.S. unemployment rate at 10.2 pct, highest in over 26 yrs * Dow up 0.2 pct, S&P 500 up 0.3 pct, Nasdaq up 0.3 pct

Monday, November 16 ***TYLER, Texas - Federal Reserve Bank President RichardFisher gives general remarks on the Federal Reserve and economybefore a community forum hosted by the Federal Reserve Bank ofDallas, approx. 1215 CST/1315 EST/1815 GMT. Audience Q&Aexpected. Media Q&A TBD. Hilton Garden Inn, 220 East Grande.RSVP: James Hoard, 214 922 5307 or james.hoard@dal.frb.org

NEW YORK, Nov 6 (Reuters) - U.S. stocks ended slightlyhigher on Friday, shrugging off government data showing theunemployment rate rose to more than 10 percent.

* Unemployment rate climbs to 10.2 pct, a 26-1/2-year high

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LIMA, Nov 6 (Reuters) - Peru's financial sector could growbetween 15 percent and 20 percent annually during the next fiveyears, as the local economy rebounds from the global economiccrisis, the head of the country's largest bank said on Friday.

WASHINGTON, Nov 6 (Reuters) - Total U.S. consumer creditdropped by a bigger-than-expected $14.80 billion in September,Federal Reserve data showed on Friday, indicating householdsprefer to reduce debt and are still reluctant to spend.

* Brokerage upgrades offset data; GE up more than 7 pct

ST ANDREWS, Scotland, Nov 7 (Reuters) - A tax on financialtransactions to fund future bank bailouts should be consideredwith urgency, British Prime Minister Gordon Brown said onSaturday, a significant departure from London's line to date.

* Big San Francisco bank serving Chinese community closed

WASHINGTON, Nov 6 (Reuters) - California bank regulatorsclosed United Commercial Bank, of San Francisco, on Friday, the120th U.S. bank to fail this year.

WASHINGTON, Nov 6 (Reuters) - Bank regulators closed banksin Georgia, Michigan, Missouri and Minnesota on Friday, pushingthe toll of U.S. bank failures this year to 119 asdeteriorating loans continue to take their toll on financial institutions.

WASHINGTON, Nov 6 (Reuters) - Bank regulators closedGateway Bank of St. Louis, in St. Louis, Missouri, andProsperan Bank, of Oakdale, Minnesota, on Friday, the 118th and119th U.S. bank to fail this year.

CHARLOTTE, N.C., Nov 6 (Reuters) - Bank of America Corp said on Friday that mounting legislative and regulatorypressure may hurt its business, a rare move for a large publiccompany that signals how the changing landscape for banksworries management.

* Verdict to be closely watched for future cases (Adds quotes, details on email, redemptions)

* Dimon previously said wants to add 1,000 advisers (Adds age of Ted Dimon, background, byline, previousCHARLOTTE)

WASHINGTON, Nov 6 (Reuters) - Bank regulators closed HomeFederal Savings Bank, of Detroit, on Friday, the 117th U.S.bank to fail this year as deterioriating loans continue to taketheir toll on financial institutions.

WASHINGTON, Nov 6 (Reuters) - The U.S. Treasury will blockthe sale of Fannie Mae tax credits to Goldman SachsGroup , an administration official said on Friday.

Nov 7 (Reuters) - The U.S. House of Representatives mayvote on a sweeping healthcare overhaul as early as Saturday.Here are the main provisions of the House bill.

Nov 7 (Reuters) - The debate over U.S. healthcare reform isfull of terms familiar to lawmakers and lobbyists but oftenobscure to the public.

Nov 7 (Reuters) - The U.S. House of Representatives mayvote on a sweeping healthcare overhaul as early as Saturday.Here are the main provisions of the House bill.

* Big San Francisco bank serving Chinese community closed

WASHINGTON, Nov 6 (Reuters) - California bank regulatorsclosed United Commercial Bank, of San Francisco, on Friday, the120th U.S. bank to fail this year.

(For full coverage of U.S. healthcare reform, click[nN20512341])

* Soldiers were shot at pre-deployment center (Adds suspected gunman transferred to hospital in SanAntonio)

WASHINGTON, Nov 6 (Reuters) - Bank regulators closed banksin Georgia, Michigan, Missouri and Minnesota on Friday, pushingthe toll of U.S. bank failures this year to 119 asdeteriorating loans continue to take their toll on financial institutions.

WASHINGTON, Nov 6 (Reuters) - Bank regulators closedGateway Bank of St. Louis, in St. Louis, Missouri, andProsperan Bank, of Oakdale, Minnesota, on Friday, the 118th and119th U.S. bank to fail this year.

NEW YORK, Nov 6 (Reuters) - Citigroup Inc said onFriday that new accounting rules for securitization trusts mayprevent the bank from funding some of its assets with a topdebt rating.

Nov 7 (Reuters) - The debate over U.S. healthcare reform isfull of terms familiar to lawmakers and lobbyists but oftenobscure to the public.

* Glaxo is kingdom's sole supplier of H1N1 vaccine for now

(For full coverage of U.S. healthcare reform, click[nN20512341])

* Pricing power not strong enough (Adds information on competitors, paragraphs 7-8)

NEW YORK, Nov 6 (Reuters) - Warren Buffett's BerkshireHathaway Inc said it plans to limit theamount of business underwritten by its reinsurance operations,as it prepares to spend roughly $26 billion to buy railroadoperator Burlington Northern Santa Fe Corp .

* U.S. retail earnings take center stage * Wal-Mart eyed for insight on consumer * On tap: September trade gap, November consumer sentiment * U.S. Treasury refinances record debt

NEW YORK, Nov 6 (Reuters) - Freddie Mac ,the second largest provider of U.S. residential mortgagefunding, on Friday posted a loss of $5 billion in the thirdquarter and predicted it would need more government supportamid a "prolonged deterioration" in housing.

* Verdict to be closely watched for future cases (Adds quotes, details on email, redemptions)

NEW YORK, Nov 6 (Reuters) - Dollar General is setto go public next week, but the discount retailer could seemixed results in its closely watched initial public offering asits private equity backers have valued the company richly.

(For full coverage of U.S. healthcare reform, click[nN20512341])

ST ANDREWS, Scotland, Nov 7 (Reuters) - A tax on financialtransactions to fund future bank bailouts should be consideredwith urgency, British Prime Minister Gordon Brown said onSaturday, a significant departure from London's line to date.

* Big San Francisco bank serving Chinese community closed

WASHINGTON, Nov 6 (Reuters) - California bank regulatorsclosed United Commercial Bank, of San Francisco, on Friday, the120th U.S. bank to fail this year.

WASHINGTON, Nov 6 (Reuters) - Bank regulators closed banksin Georgia, Michigan, Missouri and Minnesota on Friday, pushingthe toll of U.S. bank failures this year to 119 asdeteriorating loans continue to take their toll on financial institutions.

WASHINGTON, Nov 6 (Reuters) - Bank regulators closedGateway Bank of St. Louis, in St. Louis, Missouri, andProsperan Bank, of Oakdale, Minnesota, on Friday, the 118th and119th U.S. bank to fail this year.

CHARLOTTE, N.C., Nov 6 (Reuters) - Bank of America Corp said on Friday that mounting legislative and regulatorypressure may hurt its business, a rare move for a large publiccompany that signals how the changing landscape for banksworries management.

* Verdict to be closely watched for future cases (Adds quotes, details on email, redemptions)

* Dimon previously said wants to add 1,000 advisers (Adds age of Ted Dimon, background, byline, previousCHARLOTTE)

WASHINGTON, Nov 6 (Reuters) - Bank regulators closed HomeFederal Savings Bank, of Detroit, on Friday, the 117th U.S.bank to fail this year as deterioriating loans continue to taketheir toll on financial institutions.

WASHINGTON, Nov 6 (Reuters) - The U.S. Treasury will blockthe sale of Fannie Mae tax credits to Goldman SachsGroup , an administration official said on Friday.

DETROIT, Nov 6 (Reuters) - Chrysler has disbanded a team ofengineers dedicated to rushing a range of electric vehicles toshowrooms and dropped ambitious sales targets forbattery-powered cars set as it was sliding toward bankruptcyand seeking government aid.

NEW YORK, Nov 6 (Reuters) - U.S. retailers are poised todefy gloom next week as earnings expectations have improved,but the big test will be what they say about holiday shopping.

* U.S. retail earnings take center stage * Wal-Mart eyed for insight on consumer * On tap: September trade gap, November consumer sentiment * U.S. Treasury refinances record debt

MEXICO CITY, Nov 6 (Reuters) - Retailer Wal-Mart de Mexicosaid on Friday its October same-store sales rose 5.1 percentfrom a year earlier, helped by an extra Saturday and itsability to keep prices low in tough economic times.

* Index finishes up 3.1 pct on the week (Adds details)

MEXICO CITY, Nov 6 (Reuters) - Retailer Wal-Mart de Mexico said on Friday its October same-store sales rose5.1 percent from a year earlier, helped by an extra Saturdayand its ability to keep prices low in tough economic times. (Reporting by Cyntia Barrera Diaz)

* Shares end up 14.2 pct in Toronto, 13.1 pct in New York

NEW YORK, Nov 6 (Reuters) - The U.S. hotel industry islikely over the worst declines in room rates, but averageprices will continue to slide in 2010 as the sector strugglesto regain its footing, PricewaterhouseCoopers said on Friday.

* Ford working with India company and on contingency plans

NEW YORK, Nov 6 (Reuters) - Governance watchdogs haveHovnanian Enterprises Inc in their sights again, afterthe homebuilder announced this week that it was adding chairmanto its chief executive's collection of titles.