PayPal is unlikely to buy digital currencies like Bitcoin, although the company sees immense opportunities in the digital wallet space. Speaking on CNBC’s Mad Money Thursday, John Rainey, PayPal’s chief financial officer, said the payment giant was not interested in buying cryptocurrency, but rather investing in services that complement the platforms it offers. “We are…

An employee cleans the grounds behind the closed gates of Disneyland Park on the first day of the Disneyland and Disney California Adventure theme parks closure in Anaheim, California on March 14, 2020. DAVID MCNEW | AFP | Getty Images Disney suffered another financial blow in the first quarter of fiscal as restrictions on participation…

An increase in vaccinations in the coming weeks alone may not be enough to contain the spread of a coronavirus variant, which was first reported in the UK in December and has now emerged in the US, said Scott Gottlieb, former commissioner for food and drug delivery. The emergence of variants could complicate efforts to…

President Joe Biden makes brief remarks before signing several immigration control bylaws for his administration in the Oval Office of the White House in Washington, DC on February 2, 2021. Doug Mills | Getty Images President Joe Biden announced Thursday that his administration had signed contracts for an additional 200 million doses of Covid-19 vaccine,…

A health care worker wearing a protective mask fills a syringe with a dose of Pfizer-BioNTech Covid-19 vaccine at a large-scale vaccination site in Sacramento, Calif., On February 4, 2021. David Paul Morris | Bloomberg | Getty Images As the Covid-19 vaccination efforts begin at major retailers and pharmacies like CVS and Walgreens, what to…

Courtney Senechal, RN, prepares to administer the second Moderna vaccine for Covid-19 on January 19, 2021 at the East Boston Neighborhood Health Center in Boston. Jonathan Wiggs | Boston Globe | Getty Images According to the latest CNBC | SurveyMonkey Small Business Survey, little more than one in five small business owners (22%) will require…

Pepsi soft drinks are on display in a supermarket in San Francisco, California. Justin Sullivan | Getty Images PepsiCo on Thursday reported a fourth quarter profit beating estimates, driven by pandemic snacks and higher sales of beverages like Gatorade Zero and Bubly sparkling water. After a strong quarter, the beverage and snack maker expects the…

Whitney Wolfe Herd speaks on stage during the Fortune Most Powerful Women Next Gen conference at Monarch Beach Resort on November 13, 2017 in Dana Point, California. Joe Scarnici | Getty Images Entertainment When 31-year-old Bumble CEO Whitney Wolfe Herd goes public this week, she will be known not only for her youth, but also…

A box of vials with the AstraZeneca Covid-19 vaccine is pictured on February 6, 2021 at Foch Hospital in Suresnes at the start of a vaccination campaign for health workers with the AstraZeneca / Oxford vaccine. Alain Jocard | AFP | Getty Images AstraZeneca saw product sales grow 10% for 2020. This year, alongside Oxford…

CNBC’s Jim Cramer sounded the alarm on Wednesday, saying that the stock market is nearing a foamy environment where investors are paying for stocks while ignoring fundamentals. “You wouldn’t know about the quiet action on average … but that feels a bit like a Kenny Loggins market,” he said after the conclusion of Mad Money.…