Luca Bruno / AP
Apple likely has more than $250 billion in its famously-large cash reserve, per the Wall Street Journal.
One fun stat: The Journal says that in late 2016 the company was accruing cash "at a rate of about $3.6 million an hour."
Why it matters: Washington may be on the verge of a debate on tax reform, and that's going to include questions about how to handle corporate cash that, like Apple's, is largely held overseas.
Illustration: Sarah Grillo/Axios
A fresh Joe Biden ad, "New Start," signals an effort by his campaign to make unity a central theme, underscoring a new passage in his stump speech that says he won't be a president just for Democrats but for all Americans.
What he's saying: The ad — which began Friday night, and is a follow-up to "Fresh Start" — draws from a Biden speech earlier in the week in Manitowoc, Wisconsin:
Judge Amy Coney Barrett. Photo: Matt Cashore/Notre Dame University via Reuters
President Trump is preparing to nominate federal appeals court Judge Amy Coney Barrett of Indiana, a favorite of both the social conservative base and Republican elected officials, to succeed Justice Ruth Bader Ginsburg, Republican sources tell Axios.
Why it matters: Barrett would push the already conservative court further and harder to the right, for decades to come, on the most important issues in American politics — from abortion to the limits of presidential power. If confirmed, she would give conservatives a 6-3 majority on the high court.