Twelve years ago, the music world lost a true visionary today. The American Turkish Society commemorates Ahmet Ertegun, (1923–2006) co-founder & president of Atlantic Records, philanthropist and long-standing Chairman of The American Turkish Society.
A Turkish official says Sean Penn is in Turkey working on a documentary about the slaying of journalist Jamal Khashoggi at the Saudi consulate in Istanbul. Yasin Aktay, an adviser to Turkey's president, said Thursday that the two-time Oscar winner interviewed him in Ankara as part of his 'preliminary preparations' for the documentary before leaving for Istanbul where he was due to meet with Khashoggi's Turkish fiancee. The 58-year-old Hollywood actor has been in Turkey working on the death of the Washington Post columnist who was critical of the Saudi crown prince. Khashoggi was killed by Saudi agents on October 2 after arriving to handle routine paperwork.
Coca-Cola Co. KO, +0.61% said Thursday Chairman Muhtar Kent plans to retire in April, after about 10 years in the role. Kent also served as chief executive officer of the Coke parent from 2009 to 2017, when he was succeeded by current CEO James Quincey in May 2017. The beverage giant said Quincey has been elected to become chairman after the company's annual meeting in April 2019. The stock fell 1.7% in morning trade. It has gained 6.2% year to date, while the Dow Jones Industrial Average DJIA, -0.22% has lost 1.9%.
Turkish energy to media company Ciner Group has acquired a 25-foot-wide townhouse on East 55th Street, Midtown Manhattan, for $22.9 million. Ciner Group said that the Manhattan townhouse will be headquarters for a new company that has been established to make $2 billion in commitments. The 8,000-square-foot building is a Tudor-style building arrayed in purplish brick, with terra cotta details. Ciner Group acquired the property from UK video production and distribution company DLT Entertainment, Ltd.
