Business as Usual for Zeytinia
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."
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Zalide Toledo, head of the Association of Israeli Turks Foundation in BatYam city of Israel, said that nearly 100,000 Jews of Turkish origin were living in Israel. Toledo told AA on Wednesday that Turkish Jews were mainly living in BatYam, Ashkelon and Tel Aviv, adding that they were not specialized on a certain line of business. You can see Jews of Turkish origin in almost every profession, Toledo noted, adding that mass migration of Jews from Turkey to Israel began in 1948.
But to grow in the 21st century, the company knows it needs to do more than that. For that reason, Boeing [BA 72.82 -0.88 (-1.19%) ] has been aggressively diversifying. Take space, for example. The company was recently awarded a $460 million contract by NASA to pursue human spaceflight for government and commercial purposes. That's small change for a $55 billion company, but Boeing clearly sees space travel as a key component of its future. So what makes Boeing think they are so likely to succeed?
The analogue industry is at an inflection point, says Tunc Doluca, CEO of Maxim Integrated. It is consolidating, it is increasingly focussed on mobility and it is heading towards higher levels of integration. "Originally the analogue industry was dominated by building blocks," says Doluca, "now we can help a customer build a system. The old single-function building block industry is going. Companies which can build highly integrated solutions can benefit."
Turkish Airlines has announced an order for 15 Boeing 777-300ERs plus five options. Three of the aircraft will be delivered in 2014, followed by seven in 2015, five in 2016 and five in 2017. Boeing's list price for the order is approximately $6.3 billion. The Turkish flag carrier has been playing up the prospect of orders with both Boeing and Airbus in recent weeks.
Dr. Mehmet Oz, the host of the nationally syndicated TV program, The Dr. Oz Show, today endorsed genetically engineered (GE) food labeling, a fundamental right already in place in 50 countries around the world, including all of Europe, Japan, India and China.
Turkish immigrant Hamdi Ulukaya always wondered why U.S. yogurt was so bad. Now, his New Berlin, New York-based Chobani is the leader in Greek-style yogurt. A self-described “dairy boy,” Hamdi Ulukaya grew up in Erzincan, Turkey, working on his family’s dairy farm and in its feta cheese operation. After studying politics in Turkey, he initially came to the U.S. to study English at New York's Adelphi University, and then to do graduate work at SUNY. In 2005, Ulukaya says he used an SBA loan to buy an old yogurt-making plant in upstate New York. Now Ulukaya’s company, Chobani, has more than 1,200 employees, annual revenues of more than $600 million, and is building a plant in Australia. Ulukaya spoke with Inc.’s Kimberly Weisul about start-ups, ghosts, and, of course, yogurt.
The New York-based American Turkish Society (ATS) has given this year’s award to the broadcaster CNN Türk, which celebrated its 13th year of partnership with media giant Turner. The annual award is given to successful partnerships between American and Turkish firms. The award was presented at a ceremony in New York to Doğan TV Chairwoman Arzuhan Doğan Yalçındağ by American businessman Donald Trump. Turner Broadcasting President and Chief Executive Officer Philip Kent received the award from Christiane Amanpour, CNN’s chief international correspondent.
Comodo Group has announced the first public beta of Internet Security Premium 2013, an early look at their next generation of products. Comodo Group has announced the first public beta of Internet Security Premium 2013, and the first change you’re sure to notice is the bright, colourful and touch-friendly interface, which has been completely redesigned to make sure that even novice users can navigate the package without feeling intimidated.
WASHINGTON — The Board of Directors of the Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, approved $250 million in financing to support investment in renewable energy and energy efficiency projects and small and medium-sized enterprises (SMEs) in Turkey, two sectors vital to the country’s economic growth which have traditionally lacked access to long-term capital.
The Desperate Housewives of Wisteria Lane have a new address: Istanbul’s Gul Street. In Russia, Peg and Al Bundy of Married … With Children have morphed into Gena and Dasha, who squabble in their apartment in Yekaterinburg rather than a suburban home near Chicago. And Sony (SNE) this summer released an Arabic version of Everybody Loves Raymond to coincide with the heavy Ramadan TV-viewing season, proving that dysfunctional families know no borders.
ISTANBUL, TURKEY — As if you needed to be convinced that Istanbul is one of the world’s hottest technology start-up scenes, New York private equity firm, General Atlantic, announced on Monday a $44 million stake in Turkish on-line food order platform, Yemeksepeti. It is an investment that follows on from a series of brow-raising commitments made last year. They include a $26 million investment Kleiner Perkins and Tiger Global put into Trendyol, Turkey’s Gilt Groupe and a 70 percent stake that South Africa’s Naspers took on Markafoni, a Turkish private shopping club. Amazon, Intel and eBay also put money in 2011 into respective e-commerce platforms, Ciceksepeti, an on-line flower and chocolate marketer, Grupanya, a Groupon namesake, and GittiGidiyor, an eBay clone. 





