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Hande Meissner Is Elected President of IDEA

Image The Independent Distributors of Electronics Association (IDEA) announces the election of Board Officers for the 2016-2017 term. The Officers were elected by the IDEA Board of Trustees and began serving their terms earlier this month. Hande Meissner was elected President. Meissner has served on the Board of Directors since 2014 and is the Vice President of Operations of NexGen Digital, Inc., an IDEA Member since 2003. Hande also serves on numerous IDEA Committees and is providing leadership as Co-Chair for the creation of a new purchasing guidelines standard specific to the open market.

Daron Acemoglu Awarded Prestigious Carnegie Fellowships

Image MIT economist Daron Acemoglu and political scientists Richard Nielsen and Charles Stewart III have been named to the 2017 class of Andrew Carnegie Fellows, a prestigious honor supporting research in the social sciences and humanities. The MIT trio is among 35 scholars and intellectuals receiving the fellowships, which are awarded by the Carnegie Corporation of New York. Each fellow receives up to $200,000 to support a research sabbatical. Acemoglu, Nielsen, and Stewart are each pursuing long-term scholarly projects relating to political institutions, authority, and legitimacy. The three scholars discussed the nature of their ongoing research with MIT News, and shared their reactions to receiving the Carnegie fellowships.

Chobani Yogurt Is Suing Alex Jones for $10,000

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Credit Tamir Kalifa/Austin American-Statesman, via Associated Press
Chobani, the yogurt company, has filed a lawsuit against Alex Jones, the high-profile conspiracy theorist and the host of a popular right-wing radio show, for posting what it called false news reports about the company and its owner. The suit, filed on Monday in district court in Twin Falls County, Idaho, named Mr. Jones and the media companies InfoWars and Free Speech Systems as defendants. It called “false” and “defamatory” several reports that appeared on InfoWars alleging that the company’s factory in Idaho, which employs refugees, was connected to a 2016 child sexual assault and a rise in tuberculosis cases.

Bringing Traditions to Life

Image By Moshe Aelyon*  - For those who know me, you will no doubt agree that I am always on the move, creating, designing, producing, entertaining and making sure the most discerning of clientele have their ideas come to life.  But after 22 years, I am feeling myself being happily pulled in a new direction.  Actually, it’s not a new direction.  I’m going back to what I know and feel most deeply connected--my Turkish roots.  Roots that are richly steeped in the tradition of hospitality, warmth, abundance, and generosity.

President Erdogan and Hamdi Ulukaya On Time's 100 Influential People List

Image TIME magazine unveiled its annual “TIME 100 Most Influential People in the World” list on Thursday, a widely-ranging group that includes global leaders and their advisers, musicians and movie stars, world-class athletes and chief executives. U.S. President Donald Trump made the list for a second time, and this year, so did his top two advisers, his daughter, Ivanka Trump and her husband, Jared Kushner. But the eclectic mix of names, selected by TIME editors, also includes Olympic gymnastic champion Simone Biles, Pope Francis, Republican donor Rebekah Mercer, and actor Ryan Reynolds. President Recep Tayyip Erdogan and Hamdi Ulukaya, Founder of Chobani made the list as well.

Chobani $530 Million High-Yield Senior Notes Offering

Image Davis Polk advised the representative of the initial purchasers on a Rule 144A/Regulation S debt offering by Chobani, LLC and Chobani Finance Corporation, Inc. of $530 million aggregate principal amount of their 7.500% senior notes due 2025. Chobani, headquartered in New York, is a leading natural food company that manufactures, markets, distributes and sells Greek yogurt and other yogurt-based products in the United States and select international markets. Chobani is the number 1 brand in the U.S. Greek yogurt market.

Turkish Lawyers File FETO Indictment Against US Figures

Image A group of Turkish lawyers on Friday filed legal papers accusing 17 U.S.-based individuals -- including top officials, politicians and academics -- of supporting the Fetullah Terrorist Organization (FETO). Lawyers submitted files to Istanbul’s chief public prosecutor against a number of people -- some American nationals as well as Turkish nationals in the U.S. -- for alleged links to FETO. According to Turkey’s government, FETO and its U.S.-based leader Fetullah Gulen orchestrated the defeated coup of July 15, 2016, which left 249 people martyred and nearly 2,200 injured.

Murat Agirnasli Files $149M Offering Plan for 570 Broome Street Condos

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Rendering for 570 Broome (Credit: builtd and 6sqft)
Turkish-American developer Murat Agirnasli and partners filed an offering plan for a 54-unit condominium at 570 Broome Street, New York State Attorney General’s office records show. The target sellout for the apartments is $149.2 million, for an average of $2.76 million per condo. Agirnasli filed preliminary construction plans in 2014, planning a mere 185-foot-tall, 30-unit building. The developer will now build a 287-foot structure, however, after buying $3.5 million in air rights.

Chobani's Billionaire Founder On Creating Jobs in America

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Chobani founder Hamdi Ulukaya CBS News
Hamdi Ulukaya built the best-selling yogurt brand in the U.S. after coming here 23 years ago. Today, 70% of Chobani employees are American born, 30% are immigrants and refugees. The following is a script from “Chief of Chobani,” which aired on April 9, 2017. Steve Kroft is the correspondent. Michael Rey and Oriana Zill Granados, producers. At a time when Americans are debating whether immigration and refugees are a good thing or a bad thing for the country, it is sometimes noted that Tesla, Google, eBay, and Pepsi Cola are all either founded by or currently run by immigrants, and, in one case, a refugee. It’s a reminder that foreigners don’t always take jobs from Americans, sometimes they create them. And of all the success stories none seems more relevant to the current debate than the tale of Hamdi Ulukaya, who came here from Turkey 23 years ago on a student visa with almost no money. Today, he is a billionaire who has changed American tastes with his Chobani yogurt, resurrected the economy in two communities, and drawn praise and some hostile fire for the way he’s done it.

Arab Americans Honor Chobani CEO Hamdi Ulukaya

Image On Thursday, April 27, 2017, the Arab American community will honor Chobani CEO Hamdi Ulukaya for his commitment to service and empowering others. The Award for Individual Achievement will be presented during the 19th annual Kahlil Gibran Spirit of Humanity Awards in Washington, DC. An immigrant, Ulukaya established his Greek yogurt company “Chobani” in 2005. In less than a decade, he grew the company’s worth to more than $1 billion. After witnessing the worsening refugee crisis around the globe, he established the Tent Foundation—his personal philanthropy that seeks to improve the lives and livelihoods of the world’s 65 million refugees and displaced people and help them realize their full potential.
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