Bloomberg Business

Your weekend reading.

Florida Governor Ron DeSantis vowed to provide religious schools the same funding available to other private schools through an executive order on “day one” if he becomes president in 2025.

TikTok plans to offer steep holiday discounts in a monthlong campaign that will begin in late October, according to documents reviewed by Bloomberg. The social media app aims to lure inflation-battered shoppers to its new online marketplace, taking the first shot in a price war with established competitors Amazon.com Inc. and Walmart Inc.

Colombia’s President Gustavo Petro said cocaine has always been a top export for his country after a report estimated the narcotic would overtake oil to become the nation’s top exporting product.

But first, insects have to be legal to eat in the city-state.

A massive retreat of funds from Chinese stocks and bonds is diminishing the market’s clout in global portfolios and accelerating its decoupling from the rest of the world.

The United Auto Workers and Detroit automaker executives exchanged harsh words on Friday, the first day of the union’s unprecedented simultaneous strike against all three of Detroit’s manufacturers.

Even before the European Union targeted imports of cheap Chinese electric vehicles, their makers faced another big challenge: winning over consumers who don’t know or necessarily trust their brands.