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SoulCycle co-founder Julie Rice is now WeWork's chief brand officer. Photo: Alison Yin / AP

SoulCycle co-founder Julie Rice, who resigned from the spin startup in 2016, is joining WeWork as their chief brand officer. She'll focus on promoting community at the billion-dollar company.

Why it matters: WeWork founder Adam Newman told Axios' Steve LeVine in October that one of his main goals is to help re-establish the notion of "lost community" — where for centuries residents of urban areas gathered in bars, cafes and open spaces to hash out the subjects of the day. Rice, who worked as a Hollywood talent agent in the 20 years prior to launching SoulCycle, will now spearhead the project.

Go deeper: WeWork is valued at $20 billion and operates in 19 countries. It recently bought the iconic Lord & Taylor building in Manhattan, a coding academy, and a wave-pool startup in 2016. They're also opening a private elementary school for entrepreneurial kids next fall.

Go deeper

Updated 4 mins ago - Politics & Policy

Senators grill top Pentagon leaders over Biden's Afghanistan exit

Photo: Carolone Brehman/Pool/AFP via Getty Images

Defense Secretary Lloyd Austin, Joints Chiefs of Staff Chairman Gen. Mark Milley, and the head of U.S. Central Command, Gen. Frank McKenzie, are testifying before Congress for the first time since the chaotic U.S. withdrawal from Afghanistan.

The latest: Austin said in his opening statement that military leaders began planning for a non-combatant evacuation of Kabul as early as the spring, and that this is the only reason U.S. troops were able to start the operation so quickly when the Taliban captured the city. "Was it perfect? Of course not," Austin acknowledged.

Congress must raise the debt limit by Oct. 18, Yellen warns

U.S. Treasury Secretary Janet Yellen during a press conference at the Capitol on Sept. 23. Photo: Sarah Silbiger/Bloomberg via Getty Images

Treasury Secretary Janet Yellen told House Speaker Nancy Pelosi in a letter Tuesday that the United States will likely begin to default on its loans shortly after Oct. 18 if Congress fails to raise or suspend the debt ceiling by then.

Why it matters: The U.S. has never defaulted on its financial obligations, and Yellen has previously warned that doing so would cause irreparable damage to the U.S. economy and global financial markets.

Ben Geman, author of Generate
36 mins ago - Energy & Environment

The energy crises roiling Europe and China — and beyond

Data: FactSet; Chart: Axios Visuals

Energy crises in Europe and China are spilling into economic forecasts, supply chains and beyond.

Driving the news: Europe has for weeks been facing sky-high natural gas and power prices, while China — the world's second-largest economy — is facing electricity shortages that are hobbling factories.