GM CEO warns on playing games with national debt

DETROIT (Reuters) – Politicians should not “play chicken” with the country’s credit rating, but need to focus urgently on finding ways to reduce the rising budget deficit, according to the head of General Motors Co.

Iowa town races to build wall before Missouri River flood

HAMBURG, Iowa (Reuters) – Massive earth-moving machines raced on Tuesday to build a wall to hold back Missouri River floodwaters that could swamp the town of Hamburg, Iowa, but the boys practicing baseball nearby paid little notice.

Analysis: Retailers see tablets hitting classrooms soon

NEW YORK (Reuters) – For Wal-Mart CEO Mike Duke who grew up in rural Georgia, back-to-school season meant a new pair of jeans, and if he was lucky, a couple of shirts too.

New Jersey court denies blogger shield protection

NEW YORK (Reuters) – A blogger sued for defamation over comments posted on an Internet message board is not entitled to the same protections as a journalist, the New Jersey Supreme Court ruled on Tuesday.

Nintendo lifts lid on Wii U, eyes hardcore gamers

LOS ANGELES (Reuters) – Nintendo took the wraps off a high-definition version of its hit Wii, with a 6.2-inch touchscreen-equipped controller that the leading videogame hardware maker hopes will appeal to a more hardcore audience.

Tornado damage in Massachusetts at $90 million and climbing

CONWAY, Mass (Reuters) – Deadly tornadoes that tore through Massachusetts last week caused at least $90 million of damage, making it the most costly single natural disaster in state history, officials said on Tuesday.

Merger partners D.Boerse, NYSE dangle a dividend

FRANKFURT/NEW YORK (Reuters) – Deutsche Boerse AG and NYSE Euronext unveiled a special dividend on Tuesday, flexing their financial muscle a month before shareholders decide whether to approve a…