6 Most Important Things In Business Today

The most prominent Saudi businessman was released after weeks of house arrest. According to The Wall Street Journal:

Saudi authorities on Saturday released billionaire Prince al-Waleed bin Talal, more than two months after he was detained in a widespread purge of the kingdom’s elite.

Saudi officials said Saturday that Prince al-Waleed came to an undisclosed settlement with the government that allows him to remain chairman of his company, Kingdom Holding Co., one of the country’s biggest conglomerates. He is also a major investor around the world, including large stakes in Twitter Inc. and the Four Seasons hotel chain. The status of those investments and the rest of his $17 billion fortune remained unclear Saturday.

A large number of ATMs have been hacked. According to Reuters:

Diebold Nixdorf Inc and NCR Corp, two of the world’s largest ATM makers, have warned that cyber criminals are targeting U.S. cash machines with tools that force them to spit out cash in hacking schemes known as “jackpotting.”

The two ATM makers did not identify any victims or say how much money had been lost. Jackpotting has been rising worldwide in recent years, though it is unclear how much cash has been stolen because victims and police often do not disclose details.

Steve Wynn, CEO of Wynn Resorts (NASDAQ: WYNN) accused of sexual harassment, has stepped down as the head of financial chairman of the Republican party. According to CNBC:

Casino magnate Steve Wynn resigned Saturday from his post as the Republican National Committee’s finance chief, with the billionaire grappling with claims of sexual misconduct that sent his company’s stock reeling.

In a terse statement, RNC Chair Ronna Romney-McDaniel confirmed that Wynn — a prominent supporter of President Donald Trump — had stepped aside in the wake of detailed and numerous allegations against him. McDaniel, however, made no mention of the claims swirling around the billionaire.

California’s government has targeted having millions of zero-emissions cars on the road within several years. According to CNNMoney:

California Governor Jerry Brown wants the state to have 5 million zero-emission vehicles on the road by 2030.

He set the goal in an executive order, signed Friday, that echoes his final State of the State address presented the day before.

“The goal is to make our neighborhoods and farms healthier, our vehicles cleaner — zero emission the sooner the better — and all our technologies increasingly lowering their carbon output.,” he said in the speech. “To meet our ambitious goals, we will need five million zero-emission vehicles on the road by 2030.”