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☆ A look at Taylor Swift’s economic power ahead of ‘The Tortured Poets Department’ release
▼ + stars: | 2024-04-18 | by ( Bryan Mena | ) edition.cnn.com time to read: +11 min

The commercially successful ‘Eras’ tourThe Eras tour was massively successful in 2023 and it’ll stretch through the end of this year. John Shearer/TAS23/Getty Images Swift performs in Glendale, Arizona, during the opening weekend of "The Eras Tour" in March 2023. John Shearer/TAS23/Getty Images Swift performs during the "Evermore" section of the show in Sydney in February 2024. John Shearer/TAS23/Getty Images Fans apply jewels on their way to Swift's show in Foxborough, Massachusetts, in May 2023. John Shearer/TAS23/Getty Images In pictures: Taylor Swift's 'Eras Tour' Prev NextShe is a generous boss, too, awarding $100,000 bonuses to Eras Tour truck drivers during the summer.

Persons: Washington CNN — Taylor Swift, Swift, It’ll, ” Armen Shaomian, StubHub, “, “ Taylor Swift, hasn’t, SeatGeek, Taylor Swift, Kevin Mazur, Natasha, Ethan Miller, John Shearer, Kevin Winter, Benjamin B, Braun, Jutharat, Phoebe Bridgers, Bridgers, Raymond James, Zack Wittman, Hector Vivas, Don Arnold, TAS24, Rachel Wisniewski, Terence Rushin, Haim, Jeff Kravitz, Erin Clark, Sarah Yenesel, Sabrina Carpenter, Bob Levey, TAS23, Christopher Polk, Allen J, Taylor, ”, that’s, That’s, doesn’t, Barack Obama, Angela Merkel, Pope Francis, ” Swift Organizations: Washington CNN, Poets Department, Fortune, University of South, CNN, Swift City, Pittsburgh, MetLife Stadium, New York Times, Lincoln Financial, Washington Post, Ticketmaster, Boston Globe, Penske Media, Los Angeles Times, Federal Reserve, ” AMC Locations: University of South Carolina, North America, East Rutherford , New Jersey, Chicago, Las Vegas, Nashville , Tennessee, Glendale , Arizona, Glendale, Swift, Los Angeles, Pittsburgh, East Rutherford, Nashville, Tampa , Florida, Mexico City, Kansas City , Missouri, Sydney, Philadelphia, Atlanta, Santa Clara , California, Foxborough , Massachusetts, Coney, Houston, Inglewood , California, Cincinnati, United States, Canada, AMC’s

☆ Fortress’s Drew McKnight and Oaktree’s Armen Panossian on private credit in 2024
▼ + stars: | 2024-01-30 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFortress’s Drew McKnight and Oaktree’s Armen Panossian on private credit in 2024Drew McKnight, Co-CEO and managing partner of Fortress; Armen Panossian, incoming Co-CEO of Oaktree, join\ 'Fast Money' to talk private credit, the Federal Reserve, macro trends their watching and more.

Persons: Fortress’s Drew McKnight, Oaktree’s Armen Panossian, Drew McKnight, Armen Panossian Organizations: Oaktree, Federal Reserve

☆ Economy and markets could actually experience trouble going forward: Oaktree's Armen Panossian
▼ + stars: | 2023-09-28 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEconomy and markets could actually experience trouble going forward: Oaktree's Armen PanossianMichael Arougheti, Ares Management Corporation co-founder and CEO, Damien Dwin, Lafayette Square founder and CEO, and Armen Panossian, Oaktree incoming co-CEO, join CNBC's Delivering Alpha 2023 conference to discuss why investors should get involved in private credit amid the possibility of a recession, how returns are being generated despite economic volatility, and more.

Persons: Oaktree's Armen Panossian Michael Arougheti, Damien Dwin, Armen Panossian Organizations: Ares Management Corporation, Lafayette Square, CNBC's, Alpha Locations: Lafayette

☆ Private credit returns are 'very attractive' given the risk, says Oaktree's Armen Panossian
▼ + stars: | 2023-09-28 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPrivate credit returns are 'very attractive' given the risk, says Oaktree's Armen PanossianMichael Arougheti, Ares Management Corporation co-founder and CEO, Damien Dwin, Lafayette Square founder and CEO, and Armen Panossian, Oaktree incoming co-CEO, join CNBC's Delivering Alpha 2023 conference to discuss why investors should get involved in private credit amid the possibility of a recession, how returns are being generated despite economic volatility, and more.

Persons: Oaktree's Armen Panossian Michael Arougheti, Damien Dwin, Armen Panossian Organizations: Ares Management Corporation, Lafayette Square, CNBC's, Alpha Locations: Lafayette

☆ Good companies are staying private longer, says Ares Management CEO Michael Arougheti
▼ + stars: | 2023-09-28 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGood companies are staying private longer, says Ares Management CEO Michael AroughetiMichael Arougheti, Ares Management Corporation co-founder and CEO, Damien Dwin, Lafayette Square founder and CEO, and Armen Panossian, Oaktree incoming co-CEO, join CNBC's Delivering Alpha 2023 conference to discuss why investors should get involved in private credit amid the possibility of a recession, how returns are being generated despite economic volatility, and more.

Persons: Ares, Michael Arougheti Michael Arougheti, Damien Dwin, Armen Panossian Organizations: Ares Management Corporation, Lafayette Square, CNBC's, Alpha Locations: Lafayette

☆ We're focused on large loans to private companies as banks step away, says Oaktree's Panossian
▼ + stars: | 2023-09-28 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're focused on large loans to private companies as banks step away, says Oaktree's PanossianArmen Panossian, incoming Oaktree Capital Management co-CEO, joins 'Squawk on the Street' to discuss how big the private credit market is, what's driving the demand for lending, and the risks associated with the private credit market.

Persons: We're, Oaktree's Panossian Armen Panossian Organizations: Oaktree Capital Management

☆ Donald Trump committed fraud for years by inflating his worth to banks and insurers, a New York judge finds
▼ + stars: | 2023-09-26 | by ( Laura Italiano | ) www.businessinsider.com time to read: +8 min

The ruling is a pre-trial win for the state Attorney General, who wants him banned from doing business in NY. AdvertisementAdvertisementIn a stunning, pre-trial win in New York attorney general's all-out war on the Trump Organization, a Manhattan judge has found that Donald Trump committed fraud for years by inflating his worth to banks and insurers by as much as $3.6 billion a year. Instead, the judge gave a major victory to Attorney General Letitia James, finding in her favor that Trump is liable for fraud. "The New York Attorney General is none of the above." New York Attorney General Letitia James wants Trump's business banned from New York.

Persons: Trump, —, general's, Donald Trump, Arthur Engoron, Letitia James, James, Alina Habba, Michael Madaio, Clifford S, Robert, Michael Farina, Christopher Kise, Armen Morian, Engoron, Erin Schaff, Marx, Chico Marx, Chicolini, Margaret Dumont, Gloria Teasdale Organizations: Service, Trump Organization, Trump, Appellate Division, New York, . New York, Deutsche Bank Locations: Manhattan, NY, New York, American, ., Saudi Arabia

☆ Armenians wait forlornly for relatives at border with Azerbaijan
▼ + stars: | 2023-09-21 | by ( Felix Light | ) www.reuters.com time to read: +3 min

[1/5] People gather near the Armenian border guard post on the road leading from Armenia to Azerbaijan's Nagorno-Karabakh region, near the village of Kornidzor, Armenia September 21, 2023. Azerbaijan this week launched a lightning offensive to retake Nagorno-Karabakh, a breakaway region where ethnic Armenians had enjoyed de facto independence since a war in the early 1990s. The men at the hillside border checkpoint were waiting in the hope of greeting relatives escaping from Karabakh. In three hours spent at the checkpoint near the Armenian village of Kornidzor, Reuters reporters did not witness any reunions. They spent the time drinking coffee, arguing with Armenian border guards who refused to allow them to go any further, and voicing fears for the fate of their relatives.

Persons: Irakli, Armen Petrosyan, Petrosyan, Hayk, Oksana, Felix Light, Mark Trevelyan, Alex Richardson Organizations: REUTERS, Thomson Locations: Armenia, Karabakh, Kornidzor, KORNIDZOR, Azerbaijan, Sisian, Ottoman, Goris

☆ Nagorno-Karabakh crisis lays bare deteriorating Armenian relationship with Russia
▼ + stars: | 2023-09-20 | by ( Clare Sebastian Anna Chernova Katharina Krebs Tim Lister Christian Edwards | Clare Sebastian | Anna Chernova | ) edition.cnn.com time to read: +5 min

CNN —The crisis in Nagorno-Karabakh has come amid a sharp deterioration in the relationship between historic allies Armenia and Russia, and has been amplified by sometimes incendiary commentary from prominent individuals in Moscow. Armenia’s Security Council Secretary Armen Grigoryan accused Russian peacekeepers of failing to protect Nagorno-Karabakh from Azerbaijani aggression, according to state media Armenpress. The prominent Russian military blogger Rybar said Armenia was over reliant on Russia to provide security for Nagorno-Karabakh. Russia purports to provide security to Armenia through the Collective Security Treaty Organization (CSTO), a military alliance of post-Soviet states that includes Armenia but excludes Azerbaijan. The Armenian authorities handed over the Armenian shrine with their own hands… The fate of Judas is unenviable.”Simonyan also wrote on Telegram about protests in Yerevan.

Persons: Nikol Pashinyan, Pashinyan, Armenia’s, Armen Grigoryan, Dmitry Peskov, Pashinyan’s, Anna Hakobyan, ” Pashinyan, Dmitry Medvedev, “, ”, ” Medvedev, Rybar, –, ” Rybar, Margarita Simonyan, Judas, ” Simonyan, ’ They’ve, Vladimir Solovyov, Lavrov, Putin, Ivan, ” Solovyov, Meduza Organizations: CNN, Armenian, Armenia’s Security, Kremlin, CNN Prima News, Russia, NATO, Collective Security, Organization, Twitter Locations: Nagorno, Karabakh, Armenia, Russia, Moscow, Yerevan, United States, Ukraine, Kyiv, “, Azerbaijan, Russian, Soviet

CNN —Authorities in Nagorno-Karabakh accepted a ceasefire proposal made by Russian peacekeepers Wednesday, a day after Azerbaijan launched a military operation in the disputed territory. Azerbaijan on Tuesday began what it called an “anti-terrorist” campaign against separatist forces in Nagorno-Karabakh, which Karabakh officials said killed dozens and wounded hundreds more. Azerbaijan’s defense ministry said it had agreed to suspend its operation, Russian news agency RIA Novosti reported. Taking this into consideration, the authorities of the Republic of Artsakh accept the proposal of the Russian peacekeeping contingent’s command regarding a ceasefire,” the Nagorno-Karabakh Presidential Office said, according to Armenpress. Russia’s defense ministry said it had evacuated around 2,000 civilians from Nagorno-Karabakh overnight Tuesday.

Persons: “, “ Regrettably, Nikol Pashinyan, Pashinyan, ” Pashinyan, Baku’s, Siranush Sargsyan, Armen Grigoryan, Dmitry Peskov, ” Peskov, Peskov, Vladimir Putin, Ilham Aliyev Organizations: CNN, Authorities, Russian, RIA Novosti, Karabakh, Defense Army, Army, Office, Armenian Armed Forces, Armenia doesn’t, Criminal Court, Azerbaijan, Armenia’s Security, Armenian Locations: Nagorno, Karabakh, Azerbaijan, Azerbaijan’s, Armenia, Russian, Yevlakh, ”, Republic, Artsakh, Armenpress, Moscow, Russia, Karabkh, Baku, Yerevan

☆ Oaktree: It's hard to imagine how a recession would be avoided with rates this high
▼ + stars: | 2023-07-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOaktree: It's hard to imagine how a recession would be avoided with rates this highArmen Panossian, Head of Performing Credit and the incoming Co-CEO of Oaktree Capital Management, discusses the markets, the Fed, and private credit.

Persons: Armen Panossian Organizations: Performing Credit, Oaktree Capital Management

MediaNews Group | The Riverside Press-Enterprise via Getty ImagesOf the many acts that can get an Amazon merchant kicked off the site, few are as devastating as selling stolen goods. But suspended sellers, who spent years building their businesses on Amazon, told CNBC they had no idea they were selling stolen products. In an email to CNBC, Amazon said it's working with authorities and doesn't comment "on matters that are the subject of active law enforcement investigations." Tracing the stolen goods supply chainIn tracing the supply chain for suspended sellers, some patterns started to emerge. "Chances are stolen goods or similar ASINs/serial numbers are being bled in to every supply line," the employee wrote.

Persons: Levoit humidifiers, Frank —, Frank, Kenzo Sobrie, Dyson, blenders, they'd, Joe Quinlivan, Sellers, they've, Chris McCabe, Ricky Sala, what's, Sala, he'd, Tien Ngo, Ngo, Stride, Daniel Acker, ASINs, Armen Babayan, illicitly, Babayan, KZ, Juniper, couldn't, Cameron Webb, Kevin Cole, didn't, He's, Sobrie Organizations: MediaNews, Riverside Press, Enterprise, Getty, Amazon, CNBC, Retailers, LG, KZ International, California, Patrol, KZ, CHP, Amazon.com Inc, Amazon Robotics, Bloomberg, Oregon Prep Center, Facebook, FBI, Washington State Office, Ngo Wholesale Distributors, Ngo, Co, Wholesale, Los, Juniper Holdings, Telegram Locations: Eastvale , California, KZ's, Huntington Beach , California, Westborough , Massachusetts, Los Angeles, Miami, The Miami, New York, Washington, Santa Fe Springs, Los Angeles County, Garden Grove, Orange County, California, Huntington Beach, California , Florida, New Jersey

☆ The billionaires' beef at Two Sigma seems pretty petty
▼ + stars: | 2023-06-29 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

ICYMI: This is the last week of 10 Things on Wall Street. Insider's Rebecca Ungarino has more details on how long the beef between Overdeck and Siegel has been brewing behind the scenes. What stands out to me about the drama at Two Sigma is how it all seems to be so petty. The Two Sigma cofounder was included only as an example of the type of managers Haider had eclipsed. The asset manager tapped two internal executives to serve as co-CEOs of the firm, succeeding CEO Jay Wintrob, The Wall Street Journal reports.

Persons: Dan DeFrancesco, I'm, Billy Joel's, —, we've, Goldman, Cofounders David Siegel, John Overdeck, David Siegel, cofounders, Insider's Rebecca Ungarino, Siegel, Rebecca, Haidar Capital's Said Haidar, Haider, Penny, Warren Buffett, Charlie Munger, Scott Olson, Ruobing Su, Michael Broadbery, Goldman Sachs, Maza, Andreessen Horowitz, Seth Klarman, Jay Wintrob, Robert O'Leary, Armen Panossian, Everybody's, they're, Joey Hadden, Jeffrey Cane, Hallam Bullock Organizations: Sigma, Baupost, Oaktree Capital, Street, Wall, LinkedIn Locations: Omaha, New York, London

☆ Oaktree to Name Robert O'Leary and Armen Panossian as Co-CEOs
▼ + stars: | 2023-06-28 | by ( Miriam Gottfried | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/oaktree-capital-to-appoint-new-leadership-at-firm-d81cfbe7

Persons: Dow Jones

☆ These economies benefited from Russia's isolation — but they now risk Western retaliation
▼ + stars: | 2023-06-07 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +9 min

Changing trade patterns in the region are an opportunity, but also a risk. Georgian public support for EU membership has resurged over recent months, with four-fifths (81%) of the population currently in favor joining the bloc, according to a recent poll from U.S.-founded non-profit the National Democratic Institute. Armenia, meanwhile, has never submitted an application for either membership, and other Central Asian countries would not be eligible to join the EU. The geopolitical context with which we [Georgia] are now thought of is with other Central Asia countries. But they don't have EU membership as a target — we do," Kukava said.

Persons: Armenia's, haven't, Mikheil Kukava, Subir Lall, —, Kukava, they're, Ursula von der Leyen, Armen Nurbekyan, Nurbekyan Organizations: Anadolu Agency, Getty, International Monetary Fund, Institute for Development of, CNBC, Russia Western, European Bank for Reconstruction, Development, European Union, Georgia's National Statistics Office, European Commission, of Seven, Central Bank of, EU, NATO, of Information, U.S, National Democratic Institute, Central Locations: Tbilisi, Russian, Moscow, Georgia, Armenia, Ukraine, Russia, Soviet, Russia's, Caucasus, Central Asia, Kazakhstan, Turkey, United Kingdom, United States, Kyrgyzstan, Tajikistan, Azerbaijan, East, Central Bank of Armenia, Armenia's, U.S, of Information Georgia

☆ Guest view: Direct lending may be entering new era
▼ + stars: | 2023-04-13 | by ( Armen Panossian | ) www.reuters.com time to read: +5 min

NEW YORK, April 13 (Reuters Breakingviews) - Challenges in the banking system are expanding the opportunities available to direct lenders. I believe direct lenders’ market share will increase significantly in the future due to the substantial mismatch of supply and demand that has emerged in the market for funding large-scale LBOs. Direct lenders, including funds at Oaktree, are now seeking to fill this gap. Not all direct lenders will be able to take advantage of this opportunity, though. This, in turn, is attracting interest and capital from those direct lenders able to fill the massive gap.

☆ Turkey's last Armenian village fears for its future after quake
▼ + stars: | 2023-02-25 | by ( Ece Toksabay | ) www.reuters.com time to read: +4 min

[1/5] A view of the damaged altar at the church in Vakifli, the last Armenian village in Turkey, in the aftermath of the deadly earthquake, in Samandag, Turkey, February 24, 2023. REUTERS/Eloisa LopezVAKIFLI, Turkey, Feb 25 (Reuters) - In Turkey's only remaining ethnic Armenian village, Vakifli, the elderly population thank God that not one of them died during the devastating earthquakes that struck the region. They gather at the tea house for shelter and warmth. "Vakifli is all we have, the only Armenian village in Turkey. Now our house is uninhabitable and we live half the time in the tea house and half the time in the tent."

☆ Trump's NY fraud trial starts on time 'come hell or high water,' judge warns warring lawyers at hearing
▼ + stars: | 2023-02-01 | by ( Laura Italiano | ) www.businessinsider.com time to read: +6 min

Oral arguments focused on whether something called the "Trump Organization" legally exists. The judge, meanwhile, warned that "come hell or high water" an October trial will not be delayed. "Come hell or high water, and pardon my French," the judge added of his set-in-stone trial start time: 10 a.m. on Monday, October 2, 2023. It's shorthand for them, as well — James' lawsuit references "the Trump Organization," for convenience's sake, some 300 times in its 222 pages. The judge urged the attorney general's office and the defendants' lawyers to avoid a protracted argument over sanctions.

UFC 280 will stream live on October 22, with the main card starting at 2 p.m. UFC 280 returns to the "Fight Island" venue in Abu Dhabi, United Arab Emirates, that hosted multiple events during the COVID-19 pandemic. How to watch UFC 280You can watch the main event of UFC 280 on ESPN+ at 2 p.m. Ways to save on the UFC 280 pay-per-view priceIf you plan on signing up for ESPN+ to watch UFC 280, you can take advantage of a special discounted package. Here's the fight card for UFC 280: Oliveira vs. MakhachevESPNPrelims — 10 a.m.

☆ Donald Trump says a simple disclaimer gives him immunity from fraud. Could he have a point?
▼ + stars: | 2022-10-02 | by ( Laura Italiano | ) www.businessinsider.com time to read: +8 min

The statements were unsealed last week as part of NY AG Letitia James' fraud lawsuit against Trump. Trump told Sean Hannity the disclaimers absolve him of responsibility and the AG has "no case." "We have a disclaimer," Trump told the Fox News host. But Trump told Hannity none of that would matter because each Statement of Financial Condition begins with a warning. The opening paragraphs of the disclaimer for Donald Trump's 2012 Statement of Financial Condition (highlights added).

☆ Donald Trump will fight hard against Letitia James' lawsuit. Ex-AG insiders say these are his top 5 defenses.
▼ + stars: | 2022-09-24 | by ( Laura Italiano | ) www.businessinsider.com time to read: +9 min

Donald Trump has 5 ways to fight Letitia James' lawsuit, ex-NY AG prosecutors told Insider. James filed a 220-page lawsuit against Trump, his family, and the Trump Organization on Wednesday. Trump Defense No. Still, the judge must at least weigh any "I just signed what they gave me" defense, Morian said. "There's a yawning silence" from the banks Trump allegedly tricked into lending to him, he noted.

☆ What's next now that Letitia James has sued Donald Trump? A slow-motion, 'eye-glazing' battle of lawyers, experts
▼ + stars: | 2022-09-21 | by ( Laura Italiano | ) www.businessinsider.com time to read: +9 min

NY AG Letitia James sued Donald Trump, his three eldest kids, and Trump Organization on Wednesday. "This is going to be an eye-glazing battle" of experts and lawyers, before the lawsuit even goes to trial, one ex-prosecutor, Armen Morian, said of what's to come. He prosecuted the New York AG's case against Hank Greenberg, the one-time CEO of insurance giant AIG. That's the Manhattan judge who repeatedly ruled against Trump in the two-year lead-in to the AG's lawsuit. "She will pay for bringing such an aggressive, gargantuan, and unwieldy case," Morian predicted, "assuring that this case will move at a snail's pace, to the defendants' advantage."

☆ Letitia James vs. Donald J. Trump: What is New York's attorney general about to do to Trump and his company?
▼ + stars: | 2022-09-10 | by ( Laura Italiano | ) www.businessinsider.com time to read: +11 min

NY AG Letitia James is about to sue Donald Trump and his real estate and golf resort business. Whatever James has up her sleeve after three long years of investigating the Trump Organization, it is now about to be revealed. A: James will sue the Trump Organization and Trump himself, the company's sole owner and beneficiary. Morian predicted James' lawsuit will closely mirror the allegations in a 115-page memorandum she filed in January. A: The New York-incorporated Trump Organization is an umbrella for some 500 other entities, many of them Delaware-registered LLCs.

In that environment, crooks were easily able to impersonate jobless Americans using stolen identity information for sale in bulk in the dark corners of the internet. When Yvonne Matlock lost her job last year and applied for unemployment benefits online, she was told she was already getting relief money. Through a public records request, NBC News obtained data from the Labor Department, which funds Covid relief unemployment benefits programs, that are riddled with blank values and underestimates. ID.meMore than two-thirds of states, 34, reported no cases of identity theft overpayments in the most vulnerable unemployment benefits program. Cash App, which describes itself as "the easiest way to send money, spend money, save money, and buy cryptocurrency," has been frequently used by fraudsters to move money, law enforcement officials and private consultants said.

CSP a decis să transmită Colegiului pentru selecția și cariera procurorilor, pentru evaluare conform criteriilor stabilite, corespunzător concursurilor în care candidează, cererile și dosarele de participare ale următorilor procurori:- Alexandru Gavajuc, Ruslan Perevoznic, Vitalie Florean și Alexei Stăvilă, în cadrul concursului pentru ocuparea a trei funcții vacante de procuror în Procuratura pentru Combaterea Criminalității Organizate și Cauze Speciale;- Grigore Clevadî, Armen Oganesean și Ion Geru, în cadrul concursului pentru ocuparea unei funcții vacante de procuror în Procuratura Anticorupție.

Persons: CSP, Alexandru, Alexei Stăvilă, Grigore Locations: Procuratura Anticorupție

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