Biden grants $1 billion for airports, Apple upgrades watch screen, Elon Musk fathered twins

Notable business headlines include the Biden administration granting $1 billion to 85 airports across the country to improve terminals, Apple upgrading its Apple Watch screen size, and Elon Musk welcoming twins with a Neuralink executive.

Video transcript

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BRAD SMITH: Welcome back, everyone. Some other headlines that we're watching for you today, the Biden administration is granting $1 billion to 85 airports across the country to improve terminals. Transportation Secretary Pete Buttigieg telling reporters that the funding could help alleviate the problems that people are facing at the airport. He said it will help the flow at airports and the passenger experience. The announcement comes as the airline industry continues to struggle to meet passenger demand, and there's been an influx of canceled and delayed flights.

And the Apple Watch is literally getting bigger. The Series 8 Extreme Sports Watch will feature a 2-inch screen, which is the largest display yet. That, according to Bloomberg. Now the glass on the watch will also be more durable. And the battery size is also going to go up to ensure that fitness enthusiasts, they do not have to charge the device as often. The price tag on the watch will reportedly sit around $700. The face itself, big enough to make you want to shout, it's morphing time.

And Elon Musk reportedly welcomed two twins into the world with one of his top Tesla executives last year. Court documents obtained by Business Insider say Musk and the executive petitioned to change the twins' names to have their father's last name and contain their mother's last name as part of their middle name. Now the twins' arrival, that came just weeks before Musk and his former partner welcomed a baby girl via surrogate in December. Musk now has nine children.