The settlement gives back pay to taxi and for-hire vehicle drivers who lost their licenses to work after they were arrested.

var digg_url = 'https://digg.com/business_finance/NYC_Taxi_medallion_sold_for_record_600_000'; Forget the stock market. If you're in the possession of a NYC taxi ...

Taxi medallion owner Naider Henry speaks outside City Hall about the economic impact of being required to make his cab ...

Vernice Gumbs has appealed her termination as executive director of the V.I. Taxicab Commission, alleging in a court filing ...

These are bought by companies that then lease the right to use a particular cab to drivers. However, this artificial cap also creates a major market for medallions. For example, the value of one ...