NYC developer Michael Shvo slams $600M suit by exclusive club as ‘cynical ploy’ for rent reduction
A $600 million lawsuit filed by the Core Club, the ultra-exclusive Fifth Avenue power mecca, against a New York real estate mogul is rotten to the core, according to the developer being sued. Core owners Jenny and Danjean Enterprises alleged last month that real estate mogul Michael Shvot reneged on a deal to acquire a […]
Philip Morris to open $600M plant for Zyn nicotine pouches
Philip Morris International said Tuesday it plans to invest $600 million to open a manufacturing plant in Colorado to meet surging demand for its Zyn nicotine pouches. The tobacco giant said it expects the plant to be operational by 2025, creating 500 jobs in the state. The tobacco maker acquired Zyn’s owner, Swedish Match, in […]
Kim Kardashian, John Cena, Nick Jonas lead star-studded guest list at reported $600M wedding in India
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NYC members-only club seeks $600M in fraud suit against developer Michael Shvo
The worlds of high-stakes real estate and high-society clubbing collided violently this week when the owners of the exclusive Core Club filed a shocking lawsuit against their partner and alleged landlord, Michael Shubo, seeking $600 million in damages. The lawsuit, filed in New York State Supreme Court, alleges that Shubo used a “wicked and fraudulent” […]
Norfolk Southern to pay $600M to settle Ohio train derailment suit
U.S. railroad operator Norfolk Southern will pay $600 million to settle a class action lawsuit over a February 2023 train derailment in East Palestine, Ohio, that spilled toxic chemicals, the company and court documents say. agreed. The agreement, which in principle still needs court approval, would also cover claims from residents and businesses in the […]
Norfolk Southern Agrees $600M Payout for Residents Impacted by Toxic East Palestine Disaster
Norfolk Southern agreed Tuesday to pay $600 million to settle a class action lawsuit related to the February 2023 toxic train derailment in East Palestine, Ohio. Associated Press report The company says that if the agreement is approved by a court, all class action claims within a 20-mile radius of the derailment will be resolved, […]
Still $600M in potential savings from Second Ave Subway designs, even after MTA trims: Post analysis
The MTA could find an additional $600 million in savings on its bloated Second Avenue subway extension project, a Post investigation found. The agency faces pressure to prove it will spend the unexpected costs of future congestion charges wisely. New York City could implement a controversial $15-a-day toll on cars driving below 60th Street in […]
Bitcoin sees 3% correction as GBTC investors dump nearly $600M – Cointelegraph
Bitcoin (BTC) has fallen more than 3% from its 24-hour high as investors in the Grayscale Spot Bitcoin Exchange Traded Fund (ETF) released $598.9 million from the fund on February 29th. This is the second largest net outflow on record. According to Cointelegraph Markets Pro, Bitcoin hit a 24-hour high of $63,585 in the early […]
Mega Millions jackpot edges closer to $600M
The Mega Millions jackpot is approaching $600 million. The grand prize was increased by $38 million to an estimated $563 million because no ticket matched all six numbers drawn Friday night. The one-time cash option is currently worth $265.4 million. The winning Mega Millions numbers Friday night were 4, 6, 40, 41, 60 and Mega […]
Jeff Bezos will save over $600M in taxes in Seattle-Miami move
Billionaire Jeff Bezos, who recently moved to Miami, will sell more than 50 million Amazon shares over the next year, potentially saving him more than $600 million in taxes. Bezos, the world’s second-richest man, according to the Bloomberg Billionaire Index, last year ditched his longtime digs in Seattle for a glittering estate on the ultra-luxury […]