Just weeks after its much-heralded arrival in the UK, US yoghurt heavyweight Chobani is facing a potentially damaging lawsuit in the High Court over its right to use the term ‘Greek yoghurt’. Fage, the Greek owner of the Total Greek Yoghurt brand, is suing Chobani because it wants it to stop describing the yoghurts it sells in the UK - and which are made in the US - as ‘Greek yoghurt’. Only yoghurt made in Greece should be called ‘Greek’, it argues - products made elsewhere should be described as ‘Greek-style’ instead.
The first 16 beneficiaries of a £26m gift from a record label have begun their studies in Oxford. Mica Ertegun, widow of Atlantic founder Ahmet Ertegun, has given the money to the University of Oxford. It has been used to fully fund the humanities scholars and refurbish a four-storey study centre. The university said it hoped to bring in rock stars as guest lecturers to "broaden the students' cultural horizons". The scholarship is expected to grow to fund at least 35 Ertegun scholars each year and to last forever.
After five years on the market, developer Izak Senbahar has finally found a buyer for his co-op at The Mark. Unit 1501 at 25 East 77th St has sold and closed for $10.5 million, sources say. The 3,183 s/f, three-bedroom condo came on the market in 2008 with an asking price of $15.75 million. It was most recently reduced to $11.5 million.
Zeytinia market's General Manager Mucahit Arici says its business as usual at the Croton-on-Hudson grocery store. But he does say that he occasionally gets questions from customers regarding the store's tax evasion case. "It's true that people came into the store and they've asked if Zeytinia was closing down, because they like to come in," said Arici. "They like to shop in local places. And we just told them that we just have the case going on."
