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Level -> And now.... the news. (5/31/2007 3:36:47 AM)
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New York taxi license hits record price: $600,000
Wed May 30, 10:44 AM ET
The price of a license to operate a New York taxi cab hit a record $600,000 in May, according to a lending company which financed the purchase.
Medallion Financial Corporation said it had financed the purchase of two medallions -- the license to operate a yellow cab in New York -- for a total of $1.2 million by a large corporate fleet operator.
"Prices of corporate medallions have increased from $195,000 in 2001 to the record $600,000 this week," Andrew Murstein, president of the lending company, said in a statement on Tuesday. It said the previous record was about $550,000.
New York has around 13,000 yellow cabs. A typical $10 fare would cover a trip from the Empire State Building in Midtown Manhattan to the Financial District at the south of the island, assuming no time stuck in traffic and without a tip.
Spain sues to block U.S. claim to sunken treasure
Wed May 30, 6:51 PM ET
The Spanish government filed a lawsuit in a U.S. federal court on Wednesday seeking to block claims by Florida-based treasure hunters Odyssey Marine Exploration to any Spanish property recovered from shipwrecks.
The suit does not refer specifically to Odyssey's claim on May 18 that it had legally recovered gold and silver coins worth an estimated $500 million from a colonial-era wreck code-named "Black Swan" at an undisclosed location in the Atlantic Ocean.
http://news.yahoo.com/s/nm/20070530/us_nm/shipwreck_treasure_dc;_ylt=AuJ3zVjb.xmf5IijjITCWpMXIr0F
ACLU: Boeing offshoot helped CIA
By PAT MILTON, Associated Press Writer 41 minutes ago
A Boeing Co. subsidiary accused by the American Civil Liberties Union of facilitating torture by providing services to the CIA for secret overseas flights said it does not, as a rule, inquire about its customers' business.
The ACLU filed a lawsuit Wednesday claiming Jeppesen Dataplan, Inc., enabled the clandestine transportation of three terrorism suspects to secret overseas locations where they were tortured and subjected to other "forms of cruel, inhuman and degrading treatment."
http://news.yahoo.com/s/ap/20070531/ap_on_re_us/boeing_cia_suit;_ylt=AoHmnkkYwjGLiCjLRATXOLgXIr0F
Guantanamo Saudi 'kills himself' A Saudi Arabian prisoner has died in an apparent suicide at the US detention facility at Guantanamo Bay in Cuba, the US military has said.
A statement by the US Southern Command said the inmate was found unresponsive and not breathing by guards, and attempts to revive him failed.
Two Saudis and a Yemeni prisoner were found hanged in an apparent suicide at the camp in June last year.
There are about 380 prisoners at the camp, some held for five years.
http://news.bbc.co.uk/2/hi/americas/6706635.stm
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