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Shares of textbook rental company Chegg, whose staff includes a former Yahoo executive, slump in the IPO off its quoted price of $12.50 each.
China Mobile has started taking pre-orders for Apple iPhone 5S, despite telling CNBC that negotiations are continuing and a deal has yet to be reached, reports CNBC's Eunice Yoon.
CNBC's Scott Cohn looks back at the Bernie Madoff ponzi scheme and reports on the latest efforts to recoup the lost assets of his victims.
China Mobile seems to be taking pre-orders for Apple's iPhone on Thursday. CNBC's China correspondent Eunice Yoon reports from Beijing.