Read more cabs stories on Newserhttp://www.newser.com/taggrid/2147/cabs.htmlhttp://img1-cdn.newser.com/images/newser-black250x40.gifhttp://www.newser.com/2012 - Newseren-usNewser Feed GeneratorThu, 24 May 2012 16:10:36 CDThttp://www.newser.com/story/131488/nyc-taxi-medallions-sell-for-whopping-1m-each.htmlEvann Gastaldo<img src='http://img2-cdn.newser.com/getimage.aspx?mediaid=847057&width=45&height=45&crop=Y&updateddate=20111020125534' border='0' />If you’re looking for a good return on your investment, consider New York City taxicabs. Two taxi medallions, which you need in order to operate a cab, were sold yesterday for the record-breaking amount of $1 million each. Considering the first batch of medallions went for $10 ($157.50 adjusted...Taxis pass a section of Times Square once dominated by sex shops on December 6, 2010 in New York City.http://www.newser.com/story/131488/nyc-taxi-medallions-sell-for-whopping-1m-each.htmlThu, 20 Oct 2011 12:55:32 CDThttp://www.newser.com/story/2418/cabs-go-green-in-new-york.htmlDustin Lushing<img src='http://img2-cdn.newser.com/getimage.aspx?mediaid=5115&width=45&height=45&crop=Y&updateddate=20110401035005' border='0' />Every New York City taxi cab will be an eco-friendly hybrid in five years, Mike Bloomberg declared today. And by next year all new taxis will have to meet mileage and emissions standards. Cabs will turn green as part of the mayor's wider sustainability plan for the city, which is...http://www.newser.com/story/2418/cabs-go-green-in-new-york.htmlTue, 22 May 2007 15:42:15 CDT