Business

  View in browser   Pro Rata By Dan Primack · Aug 31, 2018 The newsletter is off Monday for Labor Day, but will return on Tuesday. Have a great long weekend, and be sure to email me feedback and scoop from your final days at the beach...     Top of the Morning Illustration: Lazaro Gamio/Axios   It has never been a better time to be a large American company, with stocks at record highs and corporate taxes at 60+ year lows. But with great success comes great scrutiny, and big business is now getting hammered by both sides of the political aisle. Why it matters: The rhetorical heat is only going to intensify as we head into the midterms. From the left: Senator Bernie Sanders next week will propose a tax on large, profitable businesses whose employees utilize federal assistance programs like food stamps, Medicaid or ...

Programming note: Recode Daily will take a break for the U.S. Labor Day weekend, so there will be no newsletter in your email on Monday morning — we'll see you back here on Tuesday. Thank you for reading, and enjoy the holiday! Apple is expected to unveil new iPhones and Apple Watches on Sept. 12 at the Steve Jobs Theater at its Cupertino HQ. Media invites went out with the cryptic tagline " Gather round ," which may be a reference to the Watch crown, the company's forthcoming AirPower wireless charging device or "The Lord of the Rings." Leaked images of a new iPhone have popped up — insiders say it will be called iPhone XS (or Xs? or X S?), and will come in 5.8-inch and 6.5-inch models, with a gold-finish option — and here's a peek at what may be called the Apple Watch Series 4. Billionaire investor Warren Buffett likes what he sees at Apple — his ...