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  • Instructure, based in Salt Lake City, has hired Morgan Stanley and Goldman Sachs to help prepare for the IPO, which has been filed confidentially, the people said. Instructure, Morgan Stanley and Goldman Sachs did not immediately respond to requests for comment. The company's learning management systems are used by 18 million students and teachers from more...

  • Aug 13- Tesla Motors Inc CEO Elon Musk will invest $20 million as part of the company's $500 million stock offering in a show of confidence at a time when the electric car maker is burning through cash. Tesla said on Thursday it would use the proceeds from the sale to help fund its upcoming Model 3 project and its battery gigafactory in Nevada. Tesla, which has been...

  • Tesla seeks to raise about $500M through share sale Thursday, 13 Aug 2015 | 7:45 AM ET
    A Tesla Model S is displayed at a Tesla showroom in Palo Alto, California.

    Electric-car maker Tesla Motors said it planned to raise about $500 million through the sale of 2.1 million shares.

  • Aug 13- Electric-car maker Tesla Motors Inc said it planned to raise about $500 million through the sale of 2.1 million shares. Chief Executive Elon Musk will buy nearly 84,000 shares for about $20 million in the offering, the company said on Thursday. Tesla's shares were up 2.2 percent at $243.50 in premarket trading.

  • NEW YORK, August 13- For Julian Robertson, the 83- year-old billionaire former hedge fund manager, history is repeating itself. Robertson's personal fortune has more than doubled to $3.4 billion since 2000, and his Tiger Management is as strong as ever: the hedge funds he has ownership stakes in now manage more than $30 billion, up from about $20 billion in early...

  • UPDATE 1-Data storage company Pure Storage files for IPO Wednesday, 12 Aug 2015 | 12:26 PM ET

    Aug 12- Pure Storage Inc filed with U.S. regulators on Wednesday for an initial public offering of common stock, a year after a private placement valued the data storage company at more than $3 billion. The company has raised over $470 million from venture capital investors including Sutter Hill, Greylock, Redpoint, Index Ventures, T. Rowe Price, Fidelity and...

  • JAKARTA, Aug 12- Thomas Lembong has mingled for years with bankers and private equity executives, but on Wednesday swapped that to take up the post of Indonesia's trade minister, an appointment designed to shore up investor faith in Southeast Asia's largest economy. Now in his early 40 s, Lembong worked at Deutsche Bank and Morgan Stanley before co-founding...

  • UPDATE 4-Oil prices fall further as China lets yuan slide Wednesday, 12 Aug 2015 | 2:36 AM ET

    *OPEC output rises further but sees no extra demand for its crude. *OPEC also raises production forecast for non-member countries. Analysts noted that China's overall currency fall was relatively low by historical standards in foreign exchange markets, but were quick to add that China's case was different.

  • UPDATE 3-Oil prices slump further as China lets yuan slide Wednesday, 12 Aug 2015 | 12:59 AM ET

    *China's yuan drops close to 4- yr low as its economy slows. *OPEC output rises further but sees no extra demand for its crude. *OPEC also raises production forecast for non-member countries.

  • LONDON, Aug 11- The global "currency war" entered a new phase on Tuesday as China's surprise devaluation threatened to unleash competitive devaluations and keep monetary policy around the world looser for longer, perhaps even forcing the U.S. "Any devaluation greater than five to seven percent would be a serious problem for global markets and China's trading...

  • Is Google stock surge justified on Alphabet soup? Tuesday, 11 Aug 2015 | 12:39 PM ET
    Hand touching screen with Google's website displayed

    At least 19 analysts put out notes on Google's "Alphabet" reorganization and only one was critical.

  • Why investors like Google's Alphabet news Tuesday, 11 Aug 2015 | 11:03 AM ET
    An employee walks through the lobby of Google's Washington, D.C., headquarters.

    Investors are cheering Google's operating structure overhaul because it increases transparency and accountability, analysts said.

  • LONDON, Aug 11- The global currency war entered a new and critical phase on Tuesday as China's surprise devaluation threatened to unleash a wave of competitive devaluations and keep monetary policy around the world looser for longer- perhaps even forcing the U.S. Against that backdrop, China's tight peg to an appreciating dollar meant the yuan's real...

  • LONDON, Aug 11- Aluminum hit a six-year low and other base metals also slumped on Tuesday after China devalued its currency, fueling worries about a glut of aluminum and boosting the cost of commodities for the world's top metals consumer. "The devaluation will make commodities more expensive for China to import, so I would imagine that is the main reason for the...

  • LONDON, Aug 11- Aluminium hit a six-year low and other base metals also slumped on Tuesday after China devalued its currency, fuelling worries about a glut of aluminium and boosting the cost of commodities for the world's top metals consumer. "The devaluation will make commodities more expensive for China to import, so I would imagine that is the main reason for...

  • China bonded premiums for zinc, nickel rise. MELBOURNE, Aug 11- London fell on Tuesday as China devalued the yuan to help revive the country's exports following weak data at the weekend, dousing a rally the day before when it logged its biggest one-day gain in a month on bets of more stimulus. China's leaders are under growing pressure to stimulate further after...

  • SAN FRANCISCO Aug 10- Google Inc announced a major shake-up of its operating structure on Monday, creating a holding company called Alphabet which will contain subsidiaries to separate its core web advertising business from newer ventures like driverless cars. Maybe it's better to sort them out a bit and make it clearer which ones are bringing in the bacon and...

  • SAN FRANCISCO Aug 10- Google Inc announced a major shake-up of its operating structure on Monday, creating a holding company called Alphabet which will contain subsidiaries to separate its core web advertising business from newer ventures like driverless cars. Roger Kay, an analyst with Endpoint Technologies Associates, said the new structure "makes a lot of...

  • LONDON, Aug 10- With purring economies that have few connections with China or commodity markets, Central Europe is for once looking like the safest port in a storm for emerging market investors. "The Czechs have just revised up their forecasts, Hungary continues to do well getting to terms with its foreign currency debt and Poland as usual is producing very...

  • LONDON, Aug 10- The dollar stayed close to a nearly four-month high against a basket of currencies on Monday on Fed rate hike expectations while commodity-related currencies weakened after soft weekend data on China's economy. The Australian and New Zealand dollars both lost about 1 percent. "The jobs data was supportive for a September rate hike," said Jeremy...