A Boy Scout salutes the American flag. Photo: George Frey/Getty Images

Boy Scouts of America's flagship program for 11-to 17-year-olds will be changing its name to Scouts BSA in February 2019, as it begins to accept girls to the program.

Why it matters: The change follows last year's announcement that girls could join the younger Cub Scout units. The parent organization to Scouts BSA will still be known as Boy Scouts of America, the AP reports, but the latest change will allow girls to attempt Eagle Scout rank, the highest achievement of the organization. Mike Surbaugh, Chief Scout Executive, told the AP "[w]e're trying to find the right way to say we're here for both young men and young women."

But, but, but: The Girl Scouts are ramping up a competitive campaign in response. New additions to their program will include a heavier focus on STEM and the outdoors, as well as an expansion of networking opportunities for Girl Scouts alums.

  • Sylvia Acevedo, CEO of Girls Scouts of the USA, said in a statement: "We are, and will remain, the first choice for girls and parents who want to provide their girls opportunities to build new skills, explore STEM and the outdoors, participate in community projects, and grow into happy, successful, civically engaged adults."

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Jeff Sessions loses Alabama Senate primary runoff

Jeff Sessions. Photo: Michael DeMocker/Getty Images

Former Attorney General Jeff Sessions has lost the Republican nomination for Senate to Tommy Tuberville in Alabama in Tuesday night’s primary runoff, AP reports.

Why it matters: Sessions had been the underdog in the race against former Auburn University head football coach Tommy Tuberville, who had the backing of President Trump. Tuberville will now face off against Sen. Doug Jones (D-Ala.) in November, who is considered to have one of the most vulnerable Democratic Senate seats in the country.

Updated 5 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 9 p.m. ET: 13,273,537 — Total deaths: 577,006 — Total recoveries — 7,367,106Map.
  2. U.S.: Total confirmed cases as of 9 p.m. ET: 3,424,304 — Total deaths: 136,432 — Total recoveries: 1,049,098 — Total tested: 41,764,557Map.
  3. Politics: Biden welcomes Trump wearing mask in public but warns "it’s not enough"
  4. Public health: Four former CDC heads say Trump's undermining of agency puts lives at risk — CDC director: U.S. could get coronavirus "under control" in 4–8 weeks if all wear masks.

Bank CEOs brace for worsening economic scenario

JPMorgan CEO Jamie Dimon. Photo: J. Lawler Duggan/For The Washington Post via Getty Images

Wells Fargo swung to its first loss since the financial crisis — while JPMorgan Chase and Citigroup reported significantly lower profits from a year earlier — as the banks set aside billions of dollars more in the second quarter for loans that may go bad.

Why it matters: The cumulative $28 billion in loan loss provisions that banks have so far announced they’re reserving serves as a signal they’re preparing for a colossal wave of loan defaults as the economy slogs through a coronavirus-driven downturn.