A New Hot Spot for Oligarch Yachts | What’s Next For Abortion | NFTs Grow Up

Plus: FedEx’s New Delivery Guy

Following the bombshell leak of a draft opinion that shows the Supreme Court poised to overturn landmark abortion-rights precedent, the chief justice vowed to investigate. There appears to be no path through the Senate for legislation to codify the rights outlined in Roe v. Wade. Speaking of the Senate, Sen. Susan Collins—who was a key vote to confirm Justice Brett Kavanaugh, and who still had the support of abortion providers afterward—says such a ruling would be “completely inconsistent” with what he told her then.

However the court rules, polling on Americans’ views on abortion finds clear majorities still support legal abortion, with about two-thirds of people agreeing with the Roe v. Wade decision. Meanwhile, Oklahoma lawmakers just enacted a strict Texas-style abortion ban, and we broke down what would happen in various states after the fall of Roe.

In The News Today

Elon Musk has told investors he’s wooing for his $44 billion deal for Twitter that they could potentially cash out as soon as three years from now through a public stock offering, the Wall Street Journal reported.

The European Union has announced its toughest sanctions yet against Russia with a proposal for a phased oil embargo and new measures targeting Russian banks and broadcasters.

Top Take-Aways

Speaking to a packed ballroom at the Milken Institute’s conference, Mikhail Khodorkovsky—once Russia’s richest person, before a rift with Vladimir Putin led to his arrest and ultimately exile—was blunt: “The world will not be a safe place as long as Putin remains in power.”

Forget the Maldives or Dubai. Now, Turkey is the most popular destination for oligarchs’ yachts. Why? Despite being a NATO member, the country has rejected Western sanctions and kept up close ties with Russia—and its citizenship-by-investment scheme doesn’t hurt.

Severe Covid-19 may be linked to cognitive impairment equivalent to aging 20 years and losing 10 IQ points, a new U.K. study finds. Meanwhile, Republicans across the U.S. are pushing legislation to promote two ineffective and potentially dangerous Covid treatments. (For more on Covid science, get our InnovationRx: Coronavirus newsletter; sign up instantly.)

Is the NFT craze on the wane, or is the market just maturing? The latest sale by Bored Ape Yacht Club suggests to experts that the industry is shaking off dead wood and consolidating around the strongest brands.

A battery materials startup called Sila, cofounded by a one-time Tesla engineer and backed by Mercedes-Benz, is building a massive factory in rural Washington to make battery anodes that use silicon instead of graphite. Its aim: to power millions of electric vehicles.

Today's Must-Read

In Case You Missed It

So you bought some soap. Then the soap company asked for your phone number. And now it won’t stop texting you.

Sound familiar? As emails and social media ads have become less effective, retailers are increasingly turning to texts, the once-private domain reserved for conversations with family and friends. One executive predicts texting will become “the new email.”

Tips You Can Trust

Remote work hasn’t hurt our productivity—but our innovation is another story. Temple University President Jason Wingard, also a professor of human resource management and leadership, shares how leaders can inspire creativity in telecommuters. (Get our weekly CxO newsletter for more leadership news and insights; sign up instantly here.)

For tech leaders to wield influence in their companies, what matters is not their job title but who they report to, a professor told Martin Giles for our CIO Next list.

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