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SpaceX CEO Elon Musk and NASA Administrator Jim Bridenstine spoke during a media briefing at SpaceX headquarters.

Surprised and upset by the U.S. blacklisting of Chinese companies, China has lowered expectations for significant progress from this week's trade talks with the United States, Chinese government officials told Reuters, even as President Donald Trump on Wednesday expressed fresh optimism.

A jury award that hit Johnson & Johnson with $8 billion in punitive damages for a case involving its anti-psychotic drug Risperdal highlights the risks of the drugmaker's all-or-nothing legal strategy, several legal experts told Reuters on Wednesday.

Southwest Airlines Co and Brazil's Gol Linhas Aereas said on Wednesday they had grounded a total of 13 Boeing Co 737 NG airplanes after U.S. regulators ordered urgent inspections last week.

The United States and China made no progress in deputy-level trade talks held during Monday and Tuesday in Washington, the South China Morning Post reported, citing unnamed sources with knowledge of the meetings.

Boeing Co said on Wednesday it regretted the impact a structural cracks issue on its 737 NG jetliners was having on Brazilian airline Gol and other carriers around the world.

The judge overseeing the bankruptcy of PG&E Corp on Wednesday issued an order opening the door to a group of noteholders to file their own reorganization plan for the California power provider.

U.S. Secretary of State Mike Pompeo said in a television interview on Wednesday that China's treatment of Muslims, including the Uighurs, in western China was an "enormous human rights violation" and Washington will continue to raise the issue.

A New Orleans-based genetics testing company and its three principals will pay $42.6 million to resolve charges they defrauded the federal government by paying kickbacks for referrals and billing for medically unnecessary tests, the U.S. Department of Justice said on Wednesday.

Brazilian airline Gol Linhas Aereas Inteligentes SA has grounded 11 Boeing 737 NG aircraft to replace a specific part following inspections at the direction of the U.S. Federal Aviation Administration, the company said on Wednesday.

The judge overseeing the bankruptcy of PG&E Corp on Wednesday issued an order opening the door to a group of noteholders and wildfire victims to file their own reorganization plan for the California power provider.

U.S. stock futures tumbled and the safe haven yen and the Swiss franc gained in early Asian trade on Thursday after a media report that the United States and China had made no progress in deputy-level trade talks earlier in the week.

Oilfield services firm ProPetro Holding Corp on Wednesday shuffled its top executives amid an internal investigation into equipment purchases and expense reimbursements.

The United States and China made no progress in deputy-level trade talks held during Monday and Tuesday in Washington, the South China Morning Post (SCMP) reported, citing unnamed sources with knowledge of the meetings.

The White House has denied a report from the South China Morning Post that said that Chinese Vice Premier Liu He is planning to leave Washington on Thursday after just one day of minister-level meetings, a CNBC reporter said on Twitter.