Church Project to Conserve Tomb of Christ Gets $1.3m Boost from Mica Ertegun
Photograph: Ariel Schalit/AP
updated 12:33 PM UTC, May 11, 2026
New Chair and Center for Turkish Studies Created at Columbia
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. Reza Zarrab Disappointed by Bail Ruling
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.
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TCA Receives Recognition from Filipino American Organizations
G. Lincoln McCurdy, David Valderrama, and Kriselda Valderrama with grant recipients
Turkish Furniture Maker Koleksiyon Expands Its U.S. Presence
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. MTS Logistics Partners with Spectrum Works to Raise Funds and Awareness for Autism
The team at MTS Logistics are once again taking Corporate Social Responsibility to the next level. They have just partnered with Spectrum Works, an organization that helps to integrate individuals with autism into the workforce, in an effort to raise money and awareness for their cause. In an effort to not just raise money but leave a legacy, MTS Logistics created a new type of fundraising tool. A comprehensive resource entitled The Book On Autism. It is a 180 page book that serves as the ultimate guide to Autism research and information. All proceeds from the $20 book will be donated to aid in the valuable work that Spectrum Works is doing in order to usher members of our society with autism into the workforce. Fatih Ozmen Speaks at Commencement Ceremony of University of Nevada, Reno
Fatih & Eren Ozmen, Sierra Nevada Corporation (SNC) owners, who received honorary doctorates from the University of Nevada, Reno during the spring commencement ceremony on Friday, May 13, 2016. Fatih Ozmen, a 1981 graduate of the University with an M.S. degree in electrical engineering, is owner, along with his wife, Eren (MBA, business administration, '85) of the Sierra Nevada Corporation, an international aviation and aerospace engineering firm that is considered one of the world's fastest-growing and most innovative companies. Fatih Ozmen and Eren Ozmen have received professional achievement awards from the Alumni Association, including in 2009 when Fatih Ozmen received the Scrugham Medal from the College of Engineering. In 2014, Fatih Ozmen received the Ellis Island Medal of Honor, an award presented annually to American citizens who have distinguished themselves within their own ethnic groups while exemplifying the values and spirit of the American way of life. Turkish Day Parade in New York
The annual Turkish Day Parade and Festival organized by the Federation of Turkish American Associations (TADF) was celebrated for the 35th time in New York on May 20 and May 21. Activities started with the raising of the Turkish flag at Wall Street and continued with activities in Brooklyn and the traditional parade next day. The first activity of this year’s festival took place at Bowling Green Park on Wall Street on May 20. Turkish Consul-General in New York Ertan Yalçın, Turkish U.N. Military Attaché Colonel Metin Adıyaman, New Jersey Turkish Hearth Association head Mehmet Yar, and Atatürk Culture and Education Foundation (AKDEV) head Gül Karyıldız participated in the event, as well as artists Hülya Polat and Selim Bölükbaşı, who flew to New York especially for the festival.
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Turkish Airlines Flies Now to 15 American Cities Non Stop from Istanbul
Turkish Airlines announces its 15th destination in the Americas; Atlanta with the inaugural flight to the airline’s 9th US destination scheduled for 16th May. Beginning from 16th May Turkish Airlines has added a daily flight to Atlanta, joining Buenos Aires, Sao Paulo, Panama, Bogota, Toronto, Chicago, Houston, Los Angeles, New York, Washington, Boston, Montreal, San Francisco and Miami as the carrier’s 15th destination in the Americas. Turkish Businessman to Save British Home Stores
Businessman Cafer Mahiroğlu has applied to purchase the 88-year-old British Home Stores (BHS), one of the largest retail companies, which went into administration two weeks ago after BHS owner Dominic Chappell announced on April 24 that the retail chain failed to provide the required financing. BHS, which has occupied the British and European media for days, was transferred to a trustee when it became financially unmanageable in late April. Thousands of people will be made redundant if the company goes bankrupt, which has also raised questions in the British Parliament. With a crisis in the steel industry in recent weeks, the possibility has emerged that thousands of employees might lose their jobs. More...
The Ozmens Receive Honorary Doctorates from UNR
Reno, Nev. — The Sparks-based company Sierra Nevada Corporation (SNC) has been in the spotlight recently mainly for their work for the Mars 2020 project and the Dream Chaser Shuttle as part of the International Space Station. But this Friday, Eren and Fatih Ozmen, president and CEO, respectively, of SNC, are being honored by the College of Science at the University of Nevada. The husband and wife team are loyal alum to UNR and role models to the community as their company has focused on national security interests, space exploration, STEM interest in young people, and supports local education.
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Coca-Cola Marks 130th Anniversary with Gift to Atlanta's Centennial Olympic Park District
Atlanta Mayor Kasim Reed joins Coca-Cola Chairman and CEO Muhtar Kent and the Georgia Historical Society for the dedication of a historical marker at the intersection of Peachtree and Marietta streets, where the first Coca-Cola was served at Jacobs? Pharmacy on May 8, 1886. Kent today announced that Coca-Cola will give $1.8 million to Atlanta?s Centennial Olympic Park District. (Photo: Business Wire)
Target to Add a Chobani Cafe at Its Newest Small Format Store
Target (TGT - Get Report) won't just be selling protein-packed Greek yogurt down the aisles at one of its newest small format stores. Target tells TheStreet it will open a Chobani cafe at its new two-level, 45,000 square foot Tribeca store set to debut in New York City in October. The menu at the roughly 1,100-square-foot cafe will feature made to order Mediterranean themed sandwiches, salads and Greek yogurt dishes. Chobani will also serve fresh-pressed juices, Greek yogurt-based fruit and veggie drinks, coffee and lunch-friendly dips. The cafe will be operated and staffed by Chobani, who will also be responsible for designing the cafe's menu. Sabanci University Signs with Columbia Business School
Sabanci School of Management entered a partnership with the Executive Education program at Columbia Business School, one of the leading business schools of the world with a century of experience. The partnership will enable Sabanci University Executive MBA students to attend a two-week Executive Education leadership program at Columbia Business School in New York. The cooperation agreement between Sabanci University School of Management and Columbia Business School will enable Sabanci University Executive MBA students to attend a two-week leadership program in New York. Participants will attend lectures by Columbia Business School faculty and visit companies in the business capital of the world to gain a better understanding of the global business environment. 
