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Photo: Apple

Apple used a press release Monday, rather than next week's press event, to debut updates to its iPad Mini and iPad Air tablet lines.

Why it matters: Neither product has seen a refresh in some time and the updates mean those looking for an iPad have significantly more choices.

Details:

  • The new iPad mini features a modern processor, 7.9-inch Retina display and Apple Pencil support (the first generation one) but retains the Lightning port and headphone jack. It starts at $399, with cellular connectivity and more memory available to those willing to pay more.
  • The iPad Air has many of the same attributes as the new iPad mini with a larger 10.5-inch screen. It starts at $499 and also has the option to add a cellular modem or more memory.
  • Both products are available now for pre-order and are due in stores next week.

The bottom line: The move makes sense for a couple of reasons.

  • First, it allows Apple to keep the focus at the event on the services, rather than the hardware.
  • Second, it gives Apple a more full iPad lineup ahead of services that will benefit from more people on iPads.

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Why it matters: In his second full day in office, Biden is again resorting to executive actions as he tries to increase payments for nutritional assistance and protect workers' rights during the pandemic.

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Why it matters: The U.S. lags far behind the rest of the world in electric vehicle adoption. Catching up will require big investments in EV production — including battery cell manufacturing and mining of raw materials — to avoid dependence on imports and foreign supply chains.

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Kellyanne Conway's parting power pointers

Kellyanne Conway addresses the 2020 Republican National Convention. Photo: Nicholas Kamm/AFP via Getty Images

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Why it matters: If there's a currency in this town, it's power, so we've asked several former Washington power brokers to share their best advice as a new administration and new Congress settle in.