Chinese officials are expected to be in Washington this week to hold consultations with the U.S. ahead of high-level trade talks in October.World Economyread more
The ballot comes at a precarious time for the country's longest serving prime minister, with the right-wing incumbent facing formidable challenges.World Politicsread more
Saudi Arabia's defense spending is the world's third-largest — behind the U.S. and China, says Gary Grappo, former U.S. ambassador to Oman.Energyread more
President Donald Trump said Monday he's in no rush to respond to a coordinated attack that hit Saudi Arabia's oil industry over the weekend.Marketsread more
The price of oil could go sharply higher, depending on the duration of the disruption at Saudi oil facilities and whether there is a military response.Powering the Futureread more
Energy stocks, one of the worst-performing sectors this year, spiked Monday after an attack on Saudi Arabia's heart of oil production Saturday sent oil prices soaring.Marketsread more
The Saudi-led military coalition battling Yemen's Houthi movement said on Monday that the attack on Saudi oil plants was carried out by Iranian weapons and did not originate...Oilread more
After a series of setbacks on the road to an initial public offering, the parent company of real estate start-up WeWork is delaying the move, sources told CNBC Monday.Technologyread more
"The United States military, with our interagency team, is working with our partners to address this unprecedented attack and defend the international rules-based order that...Politicsread more
Crude oil's spike following attacks on Saudi Arabia's energy supply has experts weighing whether or not the gains will last.ETF Edgeread more
"In the old days, the averages would've plunged on this kind of oil shock. I know because I've lived through a bunch of them, starting in 1973," Jim Cramer says.Mad Money with Jim Cramerread more
"That's all anybody wants to talk about – I think myself, every sell-side shop has put out something with their thoughts around this," said Gill. "We would not be surprised if they get into mail order pharmacy around prescriptions."
Gill is managing director of U.S. healthcare technology at JPMorgan, where she's been a member of the health care team since 1998. Her coverage includes health care distribution, pharmacy benefit managers and drug retail. Prior to her work at JPMorgan, she was part of an audit group specializing in health care facilities at Ernst & Young.
And while she told CNBC she wouldn't be surprised to see Amazon enter the health care space, Gill argued that its impact on traditional retailers may not be what most expect.
"A pharmacist has to oversee the facility; when they pour the pills into the cylinder to fill the prescription, only a pharmacy tech can do that," she explained. "So that's a different type of workforce, a much more expensive workforce because they're pharmacy techs and pharmacists."
Amazon, which regularly sends fears racing through the retail space, has specialized in delivering consumer products both at reduced prices and with fast delivery. But health care's comparatively strict regulation may be too burdensome for the e-commerce giant to make a meaningful impact.
Drugs, unlike most goods Amazon sells, cannot be shipped together with other products.
"Wal-Mart got into this business with a $4 generic back in 2006, took a lot of market cap out of the drug retailers at that point like Amazon is doing today," Gill added. "They ultimately got into mail order in 2007-2008 and had 4,000 locations to pick up a prescription, but yet we don't really think of them as being that disruptive."