This holiday-shortened week, Yahoo Finance is tracking three major legal stories: the Supreme Court’s impending decision on whether to overturn Roe v. wade; Apple’s response to a historic labor union vote; and Tesla CEO Elon Musk’s ongoing feud with the US Securities and Exchange Commission.
Here’s more on these three stories:
Will the Supreme Court overturn Roe v. Wade?
The case is slated to determine whether the US will continue to guarantee a Constitutional right to elective abortion, or whether the legality of terminating those pregnancies will be left to the states.
A draft majority opinion leaked to Politico in May showed the court had voted to overturn its nearly 50-year-old decision securing the federal right to abortion in Roe v. Wade and his 30-year-old case law in Planned Parenthood v. Casey securing that right up until “viability,” or when a fetus can survive outside the womb.
The court is expected to issue a ruling by the end of June, in a decision that has various implications for the business world — from companies that track menstrual cycles to those that make abortion drugs. Companies will also have to decide whether to pay for or offer health benefits to employees to go out of state for an abortion.
A win for an Apple store union
We’re also watching Apple’s (APPL) response to a historic labor union vote on Saturday that for the first time in the company’s 46-year history gave US workers the right to representation. The union victory, won by Apple store retail employees in Towson, Maryland, totaled 65 in favor of unionization and 33 against.
The union win comes as workers across tech and retail sectors ramp up petitions for labor representation. Now that the National Labor Board has certified the representation, Apple must begin to bargain. The company has seven days from the union’s victory to decide whether to raise objections to the election, a common practice for companies that have lost union votes.
Elon Musk vs. The SEC
Tesla (TSLA) and SpaceX CEO Elon Musk is expected to push harder for relief from an agreement with the SEC that requires a Tesla lawyer to review certain Twitter posts that concern the electric vehicle company.
On Wednesday, a lawyer for Musk notified a federal district court in Manhattan that Musk would appeal a judge’s ruling that he refused to terminate the 2018 deal with the SEC that interfered with the CEO’s liberty to post tweets about Tesla.
Musk entered the agreement on the SEC’s allegations that a 2018 Tweet saying he’d secured funding to take Tesla private at $420 per share was false and misleading.
Alexis Keenan is a legal reporter for Yahoo Finance. Follow Alexis on Twitter @alexiskweed.
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