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Global dividends reached a first-quarter record of $263.3 billion, rising 7.8% despite concerns about the world economy, according to new reach Monday.Marketsread more
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Huawei Technologies will immediately lose access to updates to the Android operating system, a source close the matter told Reuters.Technologyread more
Huawei claims it has developed its own operating system for smartphones and laptops for "extenuating circumstances."Technologyread more
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Yardeni Research's Edward Yardeni recommends investing in U.S. companies with exposure to China.Trading Nationread more
Bank, property and healthcare stocks jumped, pushing Australian markets to a 11-year high, as Scott Morrison and the Liberal-led conservation government are poised for a...World Marketsread more
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Trade tensions between the U.S. and China stalled a global recovery and are continuing to endanger investment and growth, the secretary general of the OECD warned Monday.World Economyread more
Amazon has been described has the "everything store, " but it's missing one major category. And that's our prescription medicines.
But that might soon change, in the wake of Amazon's roughly $1 billion acquisition of PillPack, an internet pharmacy.
Health experts told CNBC that it's only a mater of time before Amazon starts selling prescription drugs on its online marketplace, and that it's assembling a team to do just that. For Amazon, pharmacy represents a multibillion market opportunity, but it's also highly complicated and will involve battling with some entrenched competition that has a vested interest in keeping drug prices high.
But Amazon, with its scale, leverage, and supply chain expertise, could be the company to do it, the experts said.