Nintendo Creates Unit: Nintendo of America Inc....

Nintendo Creates Unit: Nintendo of America Inc. has set up a division to develop its Nintendo Entertainment System as a home computer terminal for services such as news, home banking and long-distance video game playing. Jerry Ruttenbur, a senior vice president with Home Box Office’s video division, has been hired as vice president of network products to lead the effort. The firm, which expects to have its games in 21% of U.S. households by year-end, wants to have the entertainment and informational network in the marketplace in 1990.