Health tech startup iBeat launched the pre-ordering phase of its heart-monitoring watch on Indiegogo, giving the company time to build out a commercial market and establish the device, iBeat Life Monitor, as a tool for preventing sudden death from cardiac arrest or stroke. Backed by Dr. Mehmet Oz, host of the “Dr. Oz Show,” and founded by former Practice Fusion CEO Ryan Howard, the iBeat Life Monitor aims to build upon previous technologies like Life Alert to provide a 24/7 dispatch team in the event of a major cardiac event. The watch continuously monitors heart rate and oxygen uptake, and if the wearer’s metrics go outside a healthy parameter, it contacts the wearer, asking if they are ok. If they have the capacity to respond “no” by pushing a button, or if the wearer cannot respond at all, the dispatch team then notifies emergency responders as well as family and friends.
The frequent visitors of Dulles International Airport in Washington now have a chance to enjoy Turkish hospitality at the brand new Turkish Airlines Lounge. The Washington Bureau Manager Erkan Erdoğan hosted more than 100 guests for the opening ceremony on Friday, with Turkish Ambassador Serdar Kılıç, senior Turkish Airlines officials, members of the Turkish-American community and journalists among the attendees. Erdoğan said that the lounge was first of its kind in the United States and more were to be built in other major hubs such as New York.
A recusation demand submitted by arrested Iranian-Turkish businessman Reza Zarrab’s lawyers against his case’s judge has been rejected for “lacking merit,” despite the defense’s attempts to validate the demand by quoting President Recep Tayyip Erdoğan. Southern District of New York judge Richard Berman rejected the Aug. 30 demand from the defense for his replacement, saying that it lacked merit, adding that the defense did not appeal for such a demand during the first hearing of the case on April 27, even though it had been announced by the judge himself that he attended a panel in Istanbul in 2014 and made critical statements about the Turkish legal system, an incident which later formed the basis of the defense’s recusation appeal. 
Turkey’s leading investment banking services and asset management group, ÜNLÜ & Co, has announced it has set its sights on becoming the leading investment bank in the region. As a step toward this goal, which requires an on-the-ground presence in the finance capitals of the world, UNLU & Co has obtained a license for brokerage activities and opened an office in New York, the bank said in a press release on Sept. 30. The company said it also aimed to step into the Iranian market in a gradual manner. 
