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

Rhumbline Advisers raised its stake in Medallion Financial Corp. (NASDAQ:MFIN – Free Report) by 13.6% during the fourth quarter, HoldingsChannel reports. The fund owned 29,192 shares of the credit ...

Net income was $10.1 million, or $0.43 per share, compared to $14.3 million, or $0.60 per share, in the prior year quarter, and included $1.3 million of taxi medallion recoveries in the current ...

Former Executive Director of the Taxicab Commission, Vernice Gumbs, is challenging her termination in court, alleging that the commission's board was not properly constituted when the decision to fire ...

I’ve never seen someone so far to the left. He’s anti Israel, he’s all up in the protests and violence,” said a source of NYC ...

"We continue to be pleased with our quarterly and full-year performance. In the fourth quarter of 2023, taxi medallion recoveries added $0.37 to our bottom line compared to only $0.04 this quarter.

New York City mayoral candidate Zohran Mamdani is “more radical than the radical left,” according to one veteran of local and national political campaigns. “He is in a category all by ...

Our taxi medallion business continues to be in a normal run rate zone. We collected $2.6 million of cash in the fourth quarter and $12.1 million of cash for the full year of 2024. We believe this ...