Norwich, NY – Hamdi Ulukaya, Founder of Chobani, has been named the Ernst & Young National Entrepreneur Of The Year® 2012 Retail and Consumer Products Award winner. Ulukaya was also awarded the Ernst & Young National Entrepreneur Of The Year® 2012 Overall Award, chosen from a group of 10 separate category finalists. The Ernst & Young Entrepreneur Of The Year Award is the country’s most prestigious business award for entrepreneurs. The award encourages entrepreneurial activity and recognizes leaders and visionaries who demonstrate innovation, financial success and personal commitment as they create and build world-class businesses.
ANN ARBOR, Mich. (AP) — Want to see how quickly the look and business model of American public universities are changing? Visit a place like Indiana University. Five years ago, there were 87 undergraduates from China on its idyllic, All-American campus in Bloomington. This year: 2,224. New figures out Monday show international enrollment at U.S. colleges and universities grew nearly 6 percent last year, driven by a 23-percent increase from China, even as total enrollment was leveling out. But perhaps more revealing is where much of the growth is concentrated: big, public land-grant colleges, notably in the Midwest.
One of the many challenges facing the Turkish economy is to increase the value added of its products by relying less on simple assembly or use of machines and technology developed abroad. The experience of AirTies, a high tech company specialising in internet connectivity, demonstrates how a company utilising local engineering talent and a boost from external financing can help drive Turkey into a higher level of economic activity.
Former NBA big man Mehmet Okur announced his retirement from basketball on Wednesday at the age of 33. Mehmet Okur, a 10-year NBA veteran, announced his retirement Thursday. The 6-foot-11 Okur, who is from Turkey, averaged 13.5 points and 7 rebounds in 10 NBA seasons. He won an NBA title with the Detroit Pistons in 2004. He played in 17 games for the New Jersey Nets last season and was traded to the Portland Trail Blazers in the deal that brought Gerald Wallace to the now Brooklyn Nets. Portland waived him in March. Okur said he was retiring because injuries have kept him from contributing at a high level.
