Bloomberg Business

Alan Joyce’s early departure from Qantas Airways Ltd. removes the primary lightning rod for public anger over fake-ticket allegations, sky-high fares and flight cancellations and delays as the airline struggled to cope with a post-pandemic travel boom.

Zoom Video Communications Inc. Chief Executive Officer Eric Yuan said the US Federal Trade Commission should look into Microsoft Corp.’s bundling of its video-conferencing software, Teams, in light of an investigation by the European Union.

The Federal Reserve has now offloaded about $1 trillion of its bond holdings since it began working down its bloated balance sheet last year, with no sign of the kinds of strains in financial markets that spooked policymakers the last time they oversaw such a program.

Brent oil rose above $90 a barrel for the first time since November as the largest OPEC+ producers extended their supply cuts to year-end.

Gasoline prices are now at the highest seasonal level in more than a decade even as the Labor Day holiday marked the end of the US summer driving season, sparking fears that inflation could accelerate again in a challenge to President Joe Biden’s reelection efforts.

CME Group Inc. will once again offer futures tied to three-month Treasury bills amid growing demand to hedge risks from surging supply and higher short-term interest rates.

Payments processor Adyen NV’s growth view isn’t being understood by the market, its co-chief executive said following a selloff in the shares that erased $23 billion of its market value.