New iPhones to feature more storage

MACON, Georgia (41NBC/WMGT)- The next iPhone could reclaim its place on the best-smartphone throne, The Wall Street Journal reports, thanks especially to one special feature: more storage.

The new starting point for storage on the new entry-level iPhone will be 32GB, up from 16GB, sources told the WSJ.

That puts the new iPhone on par with Samsung.

In other business headlines, that ATM in the dark corner of the bar could be on its way out.

By October of this year, ATM owners in the United States have to replace or upgrade their machines to accept chip cards or face liability for certain types of fraud.

But Bloomberg says the upgrade and related ongoing maintenance are so expensive that some owners just plan to shut down some of them.

Also, gun sale background checks soared in June after the Orlando shootings.

The FBI conducted more than 2.1 million background checks in June 2016 compared to about 1.5 million in June 2015. That’s an increase of about 40%.

This means that 2016 is on track to break last year’s record for background checks.

For more business headlines from Jane King at the Nasdaq, watch Daybreak Monday through Friday.

Categories: Daybreak, Morning Business Report

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