Columbia University has created the Sakıp Sabancı Chair and Center for Turkish Studies, the first such center in the United States. Established with a $10 million gift and named for its benefactor, a Turkish businessman and philanthropist, the goal of the center and the professorship is to increase knowledge and awareness about Turkey.
Defense lawyers say a wealthy Turkish businessman is "deeply disappointed" a judge ruled he has to remain behind bars while he awaits trial in New York on charges he helped Iran evade U.S. sanctions. Lawyers for businessman Reza Zarrab (ZAY'-rahb) say they'll consider an appeal of the Thursday ruling. They say he's innocent and they're "intent on continuing to vigorously defend" him. Prosecutors had argued Zarrab's wealth and overseas connections make him a flight risk.
CHICAGO - Koleksiyon, one of Turkey's largest commercial furniture manufacturers, will expand its U.S. presence during NeoCon 2016 by opening a Chicago showroom. It established U.S. headquarters in Dallas last year, and also opened a New York City showroom. Koleksiyon has more than 900,000 square feet in its main campus, and expanded its factory's indoor facilities to 366,000 square feet at its home factory in Tekirdağ. Koleksiyon's lead designers and company executives hope the new Chicago showroom will increase brand recognition, drive sales and further accelerate Koleksiyon’s North American expansion.
