Apple reported revenue reached an all-time high for the September quarter, propelled by a modest rebound in iPhone sales that came ahead of its release of new artificial-intelligence tools.

The company is offering a 38% wage increase over four years in its latest proposal. That is up from its original offer of 25%, which was overwhelmingly rejected by a union local representing machinists.

After over a year of seeing its American sales hammered by a boycott, Anheuser-Busch InBev said its U.S. sales had bounced back, helping the Bud Light owner partly outweigh big drops internationally.

The cosmetics giant withdrew its outlook for the current year after reporting another quarter of falling sales.