FOX Business takes a look at the upcoming events, including the Federal Reserve's next decision on interest rates, that are likely to move financial markets in the coming days.
Social media giant Snap, developer of Snapchat, posted a second-quarter net loss of $422 million, or an adjusted loss of 2 cents per share, on revenue of over $1 billion.
Here is a FOX Business roundup of the companies that have either laid employees off or halted or slowed hiring.
The convenience store chain's cuts are related to an ongoing "integration process" of its $21 billion acquisition of Speedway gas stations that occurred in 2020.
The social media giant posted total revenue of $1.18 billion in the second quarter, missing Wall Street estimates of $1.32 billion.
In response to the news that Musk's deal was being partially blamed, the billionaire tweeted "I'm rubber, they're glue."
The Feeds tab, which allows users to prioritize posts from friends, groups and Pages, will launch globally over the next week. CEO Mark Zuckerberg announced the news Thursday.
By the end of 2022, Amazon and Rivian's electric delivery vans will hit the road in more than 100 cities.
USPS will expand its electrified fleet of next generation delivery vehicles after facing pushback from the Biden administration, EPA and environmentalist groups.