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Meet the female CEO steering SoulCycle to its IPO E-mail   Tweet   Facebook   Linkedin Share icons Melanie Whelan, the young CEO of SoulCycle, is steering the company towards its impending IPO. Courtesy of SoulCycle Whelan took over as CEO of SoulCycle in June. Now she’s steering the fitness chain to an IPO and an ambitious expansion plan. Outside of the tech industry, the list of public company CEOs younger than 40 is short. But Melanie Whelan, the chief executive of SoulCycle, will soon add her name to this select group. (She has already made  our list , coming in at  No. 26 on this year’s 40 Under 40 .) That’s not the only reason the 38-year-old is a bit of an anomaly: Unlike most of today’s pre-IPO companies, her sizzling-hot cult cycling chain is already profitable. According to its IPO filing , SoulCycle brought in $112 million in sales and $26.5 million in net income last year. The chain, which started nearly ten years a...

We won’t rush to rescue Chibok girls ─Army OCTOBER 2, 2015  : OLALEYE ALUKO  LEAVE A COMMENT               Acting Director, Defence Information, Military Headquarters, Abuja, Col. Rabe Abubakar The Nigerian Military says it will not be in a hurry to rescue the secondary schoolgirls in Chibok who were abducted in April 2014. The Acting Director, Defence Information, Military Headquarters, Abuja, Col. Rabe Abubakar, who said this at a press conference in Lagos on Thursday, noted that while it was of utmost concern to the military to rescue the girls, the operation required demanded adequate patience and planning. Abubakar added that recent efforts by the military in the rescue of over 200 women and children held captive by Boko Haram proved that the military was on course in recovering the girls. He said, “The issue of the low morale of the Nigerian military men has now become a...

Meet the Pope’s personal New York waiter E-mail   Tweet   Facebook   Linkedin Share icons Left to right: Angelo Vivolo, Lidia Bastianich, and Fortunato Nicotra Photograph by Kathy Willens — AP

Why Sweden is moving to a six-hour working day by    Benjamin Snyder @WriterSnyder OCTOBER 1, 2015, 10:44 AM EDT E-mail   Tweet   Facebook   Linkedin Share icons Stockholm, Sweden Photo: Ellen Rooney/Getty Images It’s actually to boost productivity. Sweden’s bid to switch entirely to a six-hour work day appears to be gaining steam. Many businesses in the country are having employees work fewer hours with the goal of becoming more productive. The move also comes in a bid to boost workers’ private time with family. Toyota centers in the country apparently made the change  13 years ago. Last year, businesses in Stockholm also introduced a six-hour work day. In an interview  with Fast Company , Linus Feldt, CEO of app developer Filimundus, said, “The eight-hour work day is not as effective as one would think.” Feldt continued, “To stay focused on a specific work task for eight hours is a huge challenge. In order t...

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