BEIJING (Reuters) - CATL reported 15% growth in 2024 net profit, the slowest pace in six years, as a prolonged price war in China's electric vehicle market put pressure on the Chinese EV battery giant. Net profit was up 15% last year to 50.7 billion yuan ($7.01 billion), versus its forecast of 11.1-20.1%, according to a stock filing on Friday....

08:30 AM EDT, 03/14/2025 (MT Newswires) -- Tesla (TSLA) in a letter to the US Trade Representative's Office said the US exporters are inherently exposed to disproportionate impacts when other countries retaliate against US trade actions. In the letter, dated Tuesday, Tesla urged the government to consider the downstream effects of trade measures aimed at addressing unfair trade practices. Tesla...

08:38 AM EDT, 03/14/2025 (MT Newswires) -- Korro Bio ( KRRO ) said Friday that the US Food and Drug Administration has granted orphan drug designation to its investigational medicine KRRO-110 for the treatment of alpha-1 antitrypsin deficiency, or AATD. AATD is a genetic disorder that can cause pulmonary emphysema and/or hepatic cirrhosis, Korro Bio ( KRRO ) said. Korro...

08:33 AM EDT, 03/14/2025 (MT Newswires) -- Turtle Beach's ( TBCH ) takeover of Performance Designed Products, or PDP, is going very well and it is expected to generate more than $400 million in total revenue in 2025, Wedbush said in a Friday note. There should be meaningful earnings before interest, taxes, depreciation, and amortization over the next several quarters...