Finally, there’s some news about the Supreme Court’s 9–5 instead of their eyebrow-raising PTO escapades. SCOTUS announced several major decisions yesterday, including a unanimous rejection of an attempt to restrict access to the abortion pill mifepristone.

Mifepristone is half of a commonly prescribed two-pill medication abortion regimen used in 63% of all abortions in the US, according to the Guttmacher Institute. The FDA expanded access to it twice since 2016—a decision challenged by a group of anti-abortion doctors.

What the decision means: For now, there are no new restrictions on mifepristone. But the justices didn’t take a hard stance on the issue. In his majority opinion, Justice Brett Kavanaugh wrote that the doctors bringing the case could not establish they had a right to sue over the FDA’s regulation of the drug and that the anti-abortion group should take their concerns to citizens via the “political and electoral processes.”

• But in its attempt to punt the decision, the court could invite even more legal battles to their desks. Three other suits in Idaho, Missouri, and Kansas are attempting to restrict abortion pill access with different arguments.
• SCOTUS is also set to rule this session on whether Idaho’s near-total ban on abortion abortion interferes with emergency care provisions.

High court votes with Starbucks

Those team-building ropes courses must be working, because the court also found common ground on two other cases.

In one case, SCOTUS sided with coffee retailer Starbucks against the National Labor Relations Board regarding the firing of seven employees who attempted to unionize a Memphis location. Justice Ketanji Brown Jackson wrote a separate opinion dissenting on certain points made in the majority opinion, but ultimately voted with her colleagues. The decision—seen as a blow to unions’ organizing abilities—tightened the standards for federal judges to issue injunctions against companies embroiled in labor disputes.

In the other case, SCOTUS said a California lawyer could not trademark the phrase “Trump Too Small,” finding that being denied the trademark didn’t violate his free speech rights.

Looking ahead…more big decisions are expected soon, including on social media disinformation, guns, and Trump’s quest for absolute immunity.—MM

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Euro 2024 kicks off today. The 17th edition of the quadrennial football soccer tournament starts today when host country Germany faces Scotland in the first of 51 matches to determine European supremacy. Apart from the hosts, the favorites include England, France, Portugal, Spain, and defending champs Italy. The pressure is heavy on England, which has never won the Euros and hasn’t won a major tournament since the 1966 World Cup. Ukraine, meanwhile, will likely be a fan favorite in the competition as the country defends itself from Russia’s invasion. The monthlong tournament could give a fleeting boost to Germany’s economy: The country expects to sell 2.7 million tickets and earn $4 billion in additional tourism sales.

G7 leaders agreed to lend Ukraine $50 billion. On the first day of their three-day summit in Fasano, Italy, the heads of the Group of Seven wealthy democracies (US, UK, Canada, France, Germany, Italy, and Japan) met and decided on a plan to loan Ukraine the funds using the interest on $300 billion in frozen Russian assets. President Biden also signed a 10-year security agreement with Ukraine, which Donald Trump could scrap if he wins November’s election. The G7 leaders also revealed a plan to create a group to coordinate the supply chain for semiconductors.

Disney and DeSantis settled their beef. Our long national nightmare is over: Disney and Florida Gov. Ron DeSantis seemingly ended the feud that started two years ago over the state’s controversial “Don’t Say Gay” bill. The five members of the board that governs the land of Disney World—whom DeSantis appointed as part of his “anti-woke” crusade against the company—voted to approve a 15-year, $17 billion development deal to expand the Orlando resort. As part of the deal, Disney agreed to give at least half of its construction projects to Florida-based companies and donate up to 100 acres for infrastructure improvements. In March, the two parties agreed to stop suing each other.

The news out of Tesla’s annual shareholder meeting in Austin: This is Texas, and Elon Musk can hold ’em. The electric vehicle company’s shareholders voted by a wide margin to reapprove the CEO’s pay package, handing a big win to Musk and Tesla’s board.

Shareholders also approved Musk’s plan to move the company’s incorporation from Delaware to Texas.

Why we’re here: In January, a Delaware judge rescinded Musk’s compensation package, despite Tesla’s shareholders having approved it in 2018, due to concerns that the process was “deeply flawed” and influenced too heavily by Musk. The package allowed him to receive options on ~300 million shares, valuing it at nearly $56 billion today, provided Tesla hit preset revenue and profit targets (which it did).

Some large shareholders voted no, viewing the pay as too high and Musk as undeserving—partly because he used some of his wealth from Tesla to buy Twitter for $44 billion in 2022 and partly because the company’s stock is down over 25% this year. But Musk’s supporters won out, with many believing the high compensation is needed to retain the the CEO’s attention and motivate him.

Musk thanked shareholders for their support on X on Wednesday before the votes were even counted, predicting victory and sending Tesla’s stock up. After the vote, Musk told his investors, “Hot Damn! I love you guys.”

Despite reapproval, it’s not a done deal. The Delaware judge who nixed the package (or an appeals court) will likely still get a say before Musk gets his money. —CC

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Anxiety and Embarrassment are two of the new anthropomorphic emotions joining the cast of Inside Out 2, and if the animated film premiering in theaters today doesn’t smash it, they’ll also describe how Pixar execs are feeling.

The studio that brought you Toy Story needs a box-office win. Pixar grossed $1.1 billion from the fourth installment of that beloved franchise, but then the pandemic happened. Onward hit theaters in March 2020, and Pixar’s next three films—Soul, Luca, and Turning Red—went straight to Disney+, which “felt a little like a death,” Pixar’s Chief Creative Officer Pete Docter told Bloomberg. Lightyear, Pixar’s return to theaters in 2022, lost millions, and last year’s Elemental logged the worst opening weekend in the studio’s history.

So…Pixar has changed its tactics: More sequels and spinoffs, fewer original concepts (like the pandemic-era releases that warmed hearts but made barely any money), Docter said.

Optimism abounds: Inside Out 2 surpassed the first installment in advance ticket sales, according to Fandango, and box-office analysts are predicting it could be the first movie of the year to crack $100 million domestically in its opening weekend. That would also inject theaters with some much-needed life—box-office revenue is down 26% this year from 2023, per Comscore.—ML

That Rube Goldberg-esque machine you built that releases a marble along a track that then nudges a pendulum to swing into your computer mouse to make it look like it’s moving while you’re still lying in bed could get you fired—especially if you work at Wells Fargo. The banking giant dismissed more than a dozen employees for allegedly “creating [the] impression of active work” via fake keyboard activity, according to a regulatory filing reported on by Bloomberg. Devices that trick your bosses into thinking you’re actually reading their emails cost about $20 on Amazon, but that does not factor in the potential price of unemployment.

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