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THY to Begin Flights to Houston, Miami, Boston and Detroit

ImageDirector General of Turkey's national air carrier Turkish Airlines, or THY, Temel Kotil said Wednesday that following flights to Los Angeles in March, 2011, they would begin flights to US cities of Houston, Miami, Boston and Detroit either in 2012 or in 2013.
 
In an exclusive interview with the Anatolia news agency, Kotil said that THY's flights to Washington, D.C., which began last November, were very important for them.

It is not only the Turks who arrive in Washington, D.C.. People from the Middle East, Central Asia and Russia come to Washington, D.C. by THY. We carry a high number of passengers from Washington, D.C. to Africa. We are pleased with the occupancy rates for flights from Washington, D.C., Kotil said.

A Bank Born Out of Turkish-Greek Love: Fort Lee Federal Savings Bank

ImageFort Lee Federal Savings Bank's second office is opening in Clifton, New Jersey. Operating in Fort Lee, New Jersey for the past ten years, the Fort Lee Federal Savings Bank will have the official opening of its three story building on Main Avenue, Clifton within the following days. The Bank is also preparing to transfer its first office to a new building they bought in Fort Lee. Yasemin Koyunoglu, the only Turk owning a bank in the US, and her husband Dr. Haralambos (Bob) S. Kostakopoulos opened the doors of their new center to the Turk Avenue. Decorating their new office with nearly sixty marbling art pieces selected from the collection of marbling artist Kubilay Dincer of Turkey, the Kostakopoulos couple designed their floors with Turkish rugs. Having started their endeavor with a moderate size bank in Fort Lee ten years ago, Kostakopoulos couple says that they owe their strength in the face of economic crisis and mortgage crises to a planned and conscious strategy. The co-president of the Fort Lee Federal Savings Bank Yasemin Koyunoglu Kostakopoulos says, "What is important is not the number of banks; how much business you do. We took our steps slowly but sustainably."

Shopify Secured $7 Million from Angel Investors

ImageShopify, the online-retail platform bringing advanced commerce functionality to businesses of all sizes, announced it has secured $7 million in Series A funding from Bessemer Venture Partners, FirstMark Capital and Felicis Ventures. Shopify, which features a groundbreaking “app store” to help run your shop, will use the proceeds to invest in the growth of the company, including product development and international expansion. Shopify already serves customers in over 60 countries. The company also plans to invest in its technology, infrastructure and developer tools. Shopify is committed to attracting the best app developers to its platform, giving them access to thousands of retailers.

Turkish Businessman Among Holland's Richest 500

Celal Oruç, a Turkish businessman based in the Netherlands with interests in a variety of sectors, including energy, finance, telecommunications and real estate, has been listed as one of the country’s 500 richest individuals by Quote magazine. The magazine announced that Oruç was the 316th richest person in the Netherlands with a personal fortune of 85 million euros as of 2009, marking an increase of 19.7 percent in his wealth compared to the previous year.

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