PRESS DIGEST - Wall Street Journal - Aug 11

Mon Aug 11, 2014 1:16am EDT
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Aug 11 (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.

* Islamist extremists who have overrun swaths of Iraq made a rare retreat in an area hit by U.S. air strikes and gave up some territory they had won from Kurdish forces, in an early sign of impact from the three-day-old American campaign. (

* Israel's early failure to detect the vast Hamas tunnel network that its forces destroyed in Gaza is triggering a wave of recriminations within the country's security and political establishment. (

* Alaska, the state which staked most of its economy on energy in the 1970s after oil was found on the North Slope, is now competing with, and often losing out to, places with hotter oil fields-especially North Dakota. More people left Alaska than settled in the state between 2012 and 2013, while North Dakota added residents, according to state and federal census data. (

* Kinder Morgan Inc is consolidating its vast oil-and-gas pipeline empire into a single company amid investor worries about the enterprises' growth prospects. (   Continued...