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PRESS DIGEST- Wall Street Journal - Feb 3

Feb 3 (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.

- Activist investor Ryan Cohen is amassing a sizable stake in Nordstrom Inc and intends to urge the upscale department-store chain to make changes to its board following a steep share-price decline, according to people familiar with the matter.

- Beyond Meat Inc is revamping its retail sales strategy to center on five major grocers and hiring a new marketing executive as part of an effort to reinvigorate the plant-based food maker's business.

- Activist investor Nelson Peltz escalated his criticism of the Walt Disney Co's and advocated for the removal of director Michael B.G. Froman, blaming him for backing governance and compensation decisions that Peltz says have harmed the company.

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- The U.S. tracked what officials described as a Chinese reconnaissance balloon over the continental states this week, in what would be an aggressive act of intelligence gathering over sensitive American national security sites.

- The FBI is expected to search former Vice President Mike Pence's Indiana home for classified material in the coming days, according to people familiar with the matter, as senior government officials come under increased law-enforcement scrutiny of their handling of such documents.

- One of 3M Co's largest investors Flossbach von Storch AG has raised concerns about Chief Executive Mike Roman's leadership and questioned whether a change may be needed at the top of the manufacturing giant. (Compiled by Bengaluru newsroom)