Sierra Nevada Space Systems (SNC) said it is collaborating with NASA’s Marshall Space Flight Center and Teledyne Brown Engineering, both of Huntsville, Ala., on mission concepts for the Dream Chaser spaceplane the Louisville, Colo.-based company is building with roughly $300 million in financial support from NASA.
NEW YORK (Reuters) - Chobani, the Greek yogurt maker that has grown into a U.S. sensation, is looking to sell a minority stake in a deal that could value the company at around $2.5 billion, people familiar with the matter said. The company is working with Bank of America Corp as it considers selling roughly 20 percent, and is speaking to consumer companies and private equity firms to gauge their interest, the people said on Monday. 
NEW YORK, N.Y. Coca-Cola CEO Muhtar Kent's pay fell 16 per cent last year because his performance-based bonus took a hit. Muhtar Kent's package was worth $18.2 million for 2013, according to a regulatory filing made with the Securities and Exchange Commission on Friday. That's down from the $21.6 million he earned in the previous year. A company’s own top management tend to have the best inside view into the business, so when company officers make major buys, investors are wise to take notice. Presumably the only reason an insider would take their hard-earned cash and use it to buy stock of their company in the open market, is that they expect to make money — maybe they find the stock very undervalued, or maybe they see exciting progress within the company, or maybe both. So in this series we look at the largest insider buys by the ”top brass” over the trailing six month period, one of which was a total of $398.1K by Ahmet Muhtar Kent, CEO at Coca-Cola Co (NYSE: KO). 
German do-it-yourself chain Praktiker recently sold its 27-store chain in Romania and its brand locally to Turkish investor Omer Susli, who controls the distribution business Search Chemicals, according to Mediafax newswire, quoting market sources. This comes soon after Praktiker sold its Ukraine business, and after it went insolvent in Germany. In Romania, Praktiker has yearly sales of some EUR 140 million and about 1,700 employees. The buyer is a much smaller company, with a turnover of about EUR 10 million, and 12 employees in 2012, according to data from Ziarul Financiar. 
The Assembly of Turkish American Associations mourns the victims of the Khojaly massacres in Western Azerbaijan. As Human Rights Watch documented, between February 25 and 26, 1992, the Armenian Armed Forces and Russian 366th Motor Rifle Regiment massacred 613 Azerbaijani civilians, 106 of them women and 83 of them children. Armenian forces took hostage another 1275, torturing 56 to death; another 150 remain missing to date. Over 480 civilians were disabled through mutilation, 76 of them teenage boys and girls. Young girls were raped and sexually mutilated. Twenty-five children lost both their parents, while 130 children were left motherless or fatherless. 
Turkey’s Culture and Tourist Office in New York, and agency M. Silver/ A Division of Finn Partners, have won Gold in the prestigious Hospitality Sales and Marketing Association International (HSMAI) Adrian Awards. Announced at the Adrian Awards Gala at the New York Marriott Marquis last night, the recognition for major feature stories in The New York Times brings Turkey a total of four gold awards awarded over the past four years, highlighting the effectiveness of M. Silver’s ongoing public relations program for the country.
Caught in a trade dispute with Russia, Chobani is donating the 5,000 cups of Greek yogurt originally intended for American Olympic athletes competing in Sochi, Russia, to food banks in New York and New Jersey. See our earlier story. "As a proud supporter of the Olympics and Team USA over the past four years, we're disappointed our athletes won't be able to enjoy Chobani while they compete in the games as we all hoped, and are deeply appreciative to everyone who tried to help get it there, especially Sens. [Charles] Schumer and [Kirsten] Gillibrand and various officials here at home," said Hamdi Ulukaya, founder and CEO of Chobani.
Soccer team owner Ersal Ozdemir made his pitch for an $87 million, state-financed stadium to a friendly audience of lawmakers Thursday. Several members of the House Ways and Means Committee thanked Ozdemir for investing in the North American Soccer League franchise Indy Eleven, which begins its inaugural season in April. While members had questions about the proposed financing of the 18,500-seat venue, they did not question its impact on other taxpayer-supported venues downtown.
Organizers of the Yacht & Brokerage Show have signed a contract to expand the 26-year-old show into an as-yet-unbuilt megayacht marina on Watson Island. Despite a decade of false starts, the Island Gardens project is slated to confirm financing this spring and begin dredging the marina by June, said Mehmet Bayraktar, the Turkish founder of the development company, Flagstone Property Group. If it can do that, next year’s show would have a 25-foot deep basin in which to erect floating docks for any number of yachts. The marina’s real docks would be built in time for the 2016 show, both sides said. 
Chobani CEO and Founder Hamdi Ulukaya discusses his rise to the top and manufacturing in the U.S. He speaks with Stephanie Ruhle on Bloomberg Television’s “Market Makers.” Started with only 5 employees and now Chobani has reached 3000 employees. He built the biggest yogurty manufacturing plant in Idoha and ''For us to manufacture more yogurt bigger problem than Obamacare,'' Ulukaya says. To launch Chobani's new ad campaign focused on their all natural ingredients, they created a Super Bowl commercial featuring a discerning bear on the hunt for real, natural food. Then, their in-house agency went a step further by bringing that bear to life on the streets of NYC to see how people would react. ALBANY, N.Y. (AP) -- U.S. Sen. Charles Schumer (D-NY) is calling on the Russian government to allow Chobani Greek yogurt to be delivered to Sochi for U.S. Olympic athletes and NBC Studios employees. Schumer said Tuesday that a shipment of Chobani yogurt is being held up at Newark Liberty International Airport in New Jersey because of "unattainable" Russian Customs certifications.
