May 2 (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.
- President Donald Trump's fiscal 2026 budget proposal, set for release Friday, will propose over $160 billion in cuts to environmental, renewable energy, education, and foreign-aid programs.
- Kohl's KSS.N terminated CEO Ashley Buchanan on Thursday after discovering he directed the retailer to enter a "highly unusual" business deal involving a woman he is romantically involved with.
- China is considering trade talks with the U.S. to end the trade war but only if Washington demonstrates sincerity by actions such as removing tariffs on Beijing, a Chinese Commerce Ministry spokesperson said Friday.
- A U.S.-Ukraine minerals deal signed Wednesday is expected to strengthen ties through joint investments in critical resources, with Treasury officials saying oil and gas projects are likely to advance first due to their feasibility.
- Apple AAPL.O said most of its devices shipped to the U.S. in the June quarter will come from India and Vietnam, a strategic shift aimed at easing investor concerns about the impact of tariffs on its operations.
- The Justice Department filed a complaint Thursday accusing major Medicare insurers, including CVS Health's CVS.N Aetna, Elevance Health ELV.N, and Humana HUM.N, of paying hundreds of millions in kickbacks to brokers to steer customers to their Medicare Advantage plans.
(Compiled by Bengaluru newsroom)
((globalnewsmonitoring@thomsonreuters.com))
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