Sierra Nevada Corporation Collaborates on Regional Jet Aircraft in Turkey

Image SPARKS, Nev. – Sierra Nevada Corporation’s (SNC) Chief Executive Officer Fatih Ozmen, announces that the company recently signed a Memorandum of Understanding involving the Turkish Ministry of Transport, Maritime Affairs & Communications to meet the need of producing the country’s fırst regional jet as part of its Regional Aircraft Project (“Project”). The foundation of the Project is a modernized version of the D328 aircraft, of which all intellectual property rights have been acquired, which will be the first domestically-built passenger aircraft in Turkey. The design of a new high-tech product, the 628 aircraft series, will start simultaneously with production of the 328 series. While the Project establishes a world-class aerospace industry infrastructure in Turkey it also serves the global aviation market.  

Watson Island Developer Obtains $23M Loan

Image Mehmet Bayraktar, the developer behind the planned mixed-use development on Miami’s Watson Island, obtained financing for his $1 billion project. Bayraktar received a $22.67 million mortgage from Demir-Halk Bank, based in the Netherlands, on May 11, according to Miami-Dade County records. Island Gardens, designed by Nichols Brosch Wurst Wolfe & Associates, would include two luxury hotels, a residential building, retail and restaurants.

3 Things Coca-Cola CEO Muhtar Kent Wants You to Know

ImageCoca-Cola (NYSE: KO  ) is going through a difficult phase, as sales growth has been below expectations during the last several years. However, CEO Muhtar Kent believes the company is on track to produce solid performance on the back of healthy industry fundamentals, rock-solid competitive strengths, and increased efficiency. Let's listen to what Mr. Kent has to say about the soft-drinks giant and its strategy to deliver sweet and refreshing growth over the long term.

With Lessons Learned, Chobani Founder Looks for New CEO or COO

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Hamdi Ulukaya, the billionaire founder of Chobani Inc., is planning to step aside as chief executive officer. Chris Ratcliffe/Bloomberg
Chobani founder Hamdi Ulukaya practically personified the American dream as an entrepreneur who came to this country from Turkey for college and then started his own Greek yogurt business, creating a craze that made him a billionaire.

Turkish Referee Cakir to Oversee Champions League Final

ImageMADRID - Turkish referee Cuneyt Cakir has been appointed by UEFA to referee the Juventus-Barcelona Champions League final, to be played in Berlin on June 6, while England's Martin Atkinson will take charge of the Europa League final between Dnipro Dnipropetrovsk and Sevilla, to be held in Warsaw on May 27.

Dr. Oz Aids 2 People Injured in New Jersey Highway Crash

ImageWESTAMPTON, N.J. (AP) ? Emergency responders say Dr. Mehmet Oz helped them out by treating two people injured in a weekend car crash on the New Jersey Turnpike. The celebrity doctor saw the single-car crash happen Saturday night near Exit 6 along the turnpike. Officials say he stopped his vehicle and ran to help. When a Westampton Township emergency services crew arrived, they were surprised to find Oz already providing aid. They say he helped stabilize one person?s spine and provided them with details about both victims? injuries and conditions upon their arrival.

18 Turkish Tech Firms Visit Boston and DC

ImageTOA Consulting is bringing 18 TETSOFT ICT firms from Turkey and technology companies from Washington,DC area together on June 4th, 2015 Thursday 9am-2pm Conference + B2B. The B2B meetings will be held at Hyatt Regency Arlington Hotel.

TransAct Joins The Comodo Painless PCI Program

ImageCLIFTON, N.J.,-The Comodo organization, a global innovator and developer of cybersecurity solutions, today announced that TransAct, one of the nation's leading association program hubs, has joined the Comodo Painless PCI program. The Comodo Painless Payment Card Industry (PCI) program makes it easier for companies, merchants, associations and vendors to become PCI Data Security Standard (DSS) 3.0 compliant and protected a foundational baseline of technology requirements all focused on protecting credit card holder data. The Comodo Painless PCI program also helps create new revenue streams all backed with the strength of Comodo security offerings.

Turkey Hires ex-CIA Head for Lobbying in US

ImageTurkey has hired former CIA director Porter Goss to lobby for the Ankara government?s interests in the United States, a report reveals. Citing forms filed with the US Department of Justice, The Intercept news website reported Turkey had hired Goss through Dickstein Shapiro, a US-based law firm and lobbying group, to support Ankara?s interests in Washington. The Intercept is dedicated to reporting on documents leaked by the fugitive American intelligence whistleblower Edward Snowden.
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