The reflection from a gas tanker truck is shown at a Chevron gas station in San Francisco. Photo: Paul Sakuma / AP

Chevron's Q3 profit missed estimates Friday as U.S. production slid, counteracting a rise in oil and natural gas prices, per Reuters. Shares of the oil giant fell as a result, despite Chevron beating Wall Street earnings estimates at $1.03 per share on revenue of $36.21 billion. Chevron earned 68 cents per share on $30.1 billion revenue in Q3 last year.

CEO John Watson said that despite the profit miss, Chevron's results are moving in the right direction as the company continues to tighten spending on large projects.

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Updated 1 hour ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 4:30 p.m. ET: 12,128,406 — Total deaths: 551,552 — Total recoveries — 6,650,675Map.
  2. U.S.: Total confirmed cases as of 4:30 p.m. ET: 3,088,913 — Total deaths: 132,934 — Total recoveries: 953,420 — Total tested: 36,979,745Map.
  3. Public health: More young people are spreading the virus Cases rise in 33 statesFlorida reports highest single-day death toll since pandemic began.
  4. Science: World Health Organization acknowledges airborne transmission of coronavirus.
  5. 1 🐂 thing: How the world could monitor for potential pandemic animal viruses.
2 hours ago - Science

More young people are getting — and spreading — the coronavirus

Illustration: Annelise Capossela/Axios

More young people are being infected with the coronavirus, and even though they're less likely to die from it, experts warn the virus' spread among young adults may further fuel outbreaks across the United States.

Why it matters: Some people in their 20s and 30s face serious health complications from COVID-19, and a surge in cases among young people gives the virus a bigger foothold, increasing the risk of infection for more vulnerable people.

Joint Chiefs chairman condemns Confederate symbols

Chairman of the Joint Chiefs of Staff Gen. Mark Milley criticized Confederate symbols before the House Armed Services Committee on Thursday, and called the Civil War an "act of treason."

Why it matters: Milley said that minority service members — which he noted make up 43% of the U.S. military — may feel uncomfortable that Army bases are named for Confederate generals who "fought for an institution of slavery that may have enslaved one of their ancestors."