Chobani Takes 2012 SBA Entrepreneurship Award

Image Chobani has come a long way since the days of one buyer, five employees and the remains of a shuttered yogurt plant in New York. The Small Business Administration on Tuesday announced that the enormously popular Greek yogurt maker will take home its national Entrepreneurial Success of the Year Award for 2012. Now the top yogurt seller in the country, Chobani was recognized for its dramatic growth in sales and employees as well as its charitable contributions to its surrounding communities.

NASA's Commercial Spaceflight Strategy

Image By Charles Black - As the space shuttles take their place in museums, having retired from service in 2011, what is NASA's strategy for the future of spaceflight? NASA wants "routine access" for both cargo and crew to the space station, and has also set its sights on deep space exploration for the longer term. To achieve these objectives NASA is outsourcing low-Earth orbit spaceflight to the commercial sector whilst developing its own capabilities for travel beyond low-Earth orbit.

Turkish American Business Connection Announces its 6th Annual Conference TABCON 2012

Image Turkish American Business Conference (TABCON 2012), the leading business and networking event organized by Turkish American Business Connection Association (TABC), will be held on May 5th, 2012, at the Computer History Museum in Mountain View, CA. This full day conference attended by hundreds of professionals will focus on "the entrepreneur" and offer a series of panels emphasizing current trends in the entrepreneurial and investor community.


Turkish Fashion Magazine

A new magazine has filled a gap in the market in Turkey: Âlâ is a monthly publication aimed at women who wear a veil. After just a few months, it's already selling almost as many copies as the Turkish version of 'Elle.'Since it hit the shelves in June last year, Ala magazine has become a feature of the Turkish high street. The brainchild of two Turkish businessmen, it's a fashion and beauty magazine aimed at women who wear the veil. "We're saying that veiled women can follow fashion. There are more and more products on the market that veiled women can use. We're saying: let's not remain stuck with just one style," says Editor-in-chief, Ala Hülya Aslan.

Discovery Adds 3D to Turkish Push

Discovery Networks is expanding its 3D output in Europe with a programming launch on Turkish pay-TV platform DigiTurk. Discovery’s 3D programming will be available on DigiTurk’s dedicated 3D channel from today. This is Discovery’s first 3D deal in mainland Europe and is similar to the one previously signed in the UK with BSkyB.

Western Union CEO Gets 11% Raise

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Photo: Kathleen Lavine
Hikmet Ersek, president and CEO of The Western Union Co., received an 11 percent increase in his salary last year, the company reported in a proxy statement. Ersek’s salary rose to $929,800 from $835,700 in 2010, the Douglas County-based money transfer company (NYSE: WU) reported to the Securities and Exchange Commission.

Sierra Nevada Corporation Funds NASA's Johnson Space Center

Image SPARKS, Nev., April 27, 2012 -- /PRNewswire/ -- Sierra Nevada Corporation's (SNC) Space Systems has signed several Space Act Agreements (SAA) with NASA's Johnson Space Center dating back to May 2011 to assist in both the technical development of, and operations support for, the Dream Chaser® Space System.  SNC has received funding awards from NASA in both rounds of the Commercial Crew Development Program and has chosen to re-invest capital back into the space agency through SAAs with individual Centers, including Houston's Johnson Space Center, to leverage NASA's experience and expertise in human spaceflight.

ATFC Coordinated An Event with Muhtar Kent and Turkish Students

Image The American Turkish Friendship Council and Mona Tekin Diamond, Turkish Honorary Consul General for Georgia, coordinated a reception with Muhtar Kent, Chairman and Chief Executive Officer of The Coca-Cola Company, at Coca-Cola headquarters in Atlanta, Georgia. The event allowed Turkish students and professionals in the area to connect. Following refreshments and dinner, Mr. Kent spoke on the importance of forming relationships and the benefits of risk taking.

Greek Ships Wait for Turkish Investors

Image ISTANBUL - Hürriyet Daily News- Debt-hit Greek maritime companies have much to offer Turkish investors, says a leading Greek maritime businessman. Meanwhile, Turkish companies are seeking cooperation opportunities with the neighboring country
Gerassimos Agoudimos, a leading Greek ship owner, has called on Turkish investors to buy ships from his country, as the prices have nearly halved due to the ongoing economic woes.

Standard Bank's Exit From Turkey

Image New Zeland - Standard Bank’s decision to largely exit from Turkey has been welcomed by the market and analysts alike. Standard’s share price has continued its upward trend since it announced last year the group was divesting from previous emerging market investments to focus on African expansion. It rose to a new high of R113,50 a few weeks before the Turkey announcement. Some analysts estimate it could hit R115 before being fully valued. A year ago it was trading at R90.
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