Prince Al-Waleed bin Talal Bin Abdulaziz Alsaud, Chairman of the Alwaleed Bin Talal Foundation, right. Photo: Farah Abdi Warsameh / AP

Saudi Arabia's King Salman has fired a slew of princes from their government posts in what has been billed as an anti-corruption move, per state-linked network Al Arabiya. Though not directly linked, the anti-corruption campaign is taking place just as Saudi Aramco is preparing an IPO next year which will likely be the largest ever. The company will list its shares on its domestic exchange, as well as a foreign one.

Background: Additionally, high-profile billionaire Al-Waleed bin Talal has reportedly been arrested as well, according to the Wall Street Journal. Al-Waleed's business ties and investments through his Kingdom Holding Company are far and wide. In addition to majority ownership in media conglomerate Rotana Group, Al-Waleed's investments in technology and media over the years have included News Corp., Twitter, Lyft, Fox News, Citigroup, and Apple.

Go deeper

How Trump's push to reopen schools could backfire

Illustration: Aïda Amer/Axios

The Trump administration’s full-steam-ahead push to fully reopen schools this fall is on a collision course with the U.S.' skyrocketing coronavirus caseload and its decades-long neglect of public education.

Why it matters: Getting kids back to school is of paramount importance for children and families, especially low-income ones. But the administration isn’t doing much to make this safer or more feasible.

Coronavirus squeezes the "sandwich generation"

Illustration: Eniola Odetunde/Axios

As the coronavirus poses risks and concerns for the youngest and oldest Americans, the generations in the middle are buckling under the increasing strain of having to take care of both.

Why it matters: People that make up the so-called sandwich generations are typically in their 30s, 40s and 50s, and in their prime working years. The increasing family and financial pressures on these workers means complications for employers, too.

Why Scranton matters again in 2020

Biden and Clinton visit Biden's childhood home in Scranton in 2016. Photo: Melina Mara/The Washington Post via Getty Images

The hometown of Joe Biden and "The Office" is polishing its perennial status as a guidepost for the nation's political mood.

Driving the news: Biden returns to Scranton, Pa., today with a campaign stop just outside the city limits at a metalworking plant, where he'll deliver remarks on a plan to create jobs and "help America build back better."