Since Facebook removed the “news feed control” in privacy setting, but there is the way to access it:
1/Move mouse over any friend’s feed item you don’t want to display on your wall and click Hide.
2/FB will give you an option to hide any feeds from that person.
3/Choose that option (important), then FB will give you a link to mange all the feeds.
4/When go there you can pick any friends’feeds you want to display on your wall. Basically all you need is step 4 but there is no direct link without doing step 1-3.
Kdao's Blog 