PRESS DIGEST -Wall Street Journal - Aug 28

Wed Aug 28, 2013 12:28am EDT
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Aug 28 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

* The most recent background check of former National Security Agency contractor Edward Snowden was so inadequate that too few people were interviewed and potential concerns weren't pursued, according to a federal review following his leak of some of the nation's most closely guarded secrets. ()

* Neiman Marcus Group Inc's owners, seeking a possible alternative to an initial public offering of stock they have been planning for the department-store chain, are asking potential bidders to submit takeover offers next week, people close to the situation said. KKR & Co LP, CVC Capital Partners Ltd and a team of Ares Management LLC and Canada Pension Plan Investment Board are circling Neiman, the people said. ()

* BlackBerry Ltd is considering spinning off its messaging service into a subsidiary that would operate with more independence, according to people familiar with the matter. ()

* A federal judge said on Tuesday that she plans to narrow the scope of the U.S. government's proposed oversight of Apple Inc after finding the technology company liable in July for fixing the prices of electronic books, saying she doesn't want to stifle its ability to be innovative. ()   Continued...