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The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind

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Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

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Scott Bessent casually says the U.S. has more than $1 trillion in gold—and that it doesn’t matter for the dollar
Uber Technologies
Europe

The terrifying things happening to Ubers in Europe

By
Ben Geier
Ben Geier
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By
Ben Geier
Ben Geier
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March 18, 2015, 1:29 PM ET
Photo illustration of logo of car-sharing service app Uber on a smartphone over a reserved lane for taxis in a street in Madrid
The logo of car-sharing service app Uber on a smartphone over a reserved lane for taxis in a street is seen in this photo illustration taken in Madrid on December 10, 2014.Photograph by Sergio Perez — Reuters
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The battle between traditional taxi drivers and Uber drivers appears to be getting violent in Europe.

In one incident last week, an Uber driver was allegedly restrained and threatened while attackers wielding brass knuckles and hammers doused his engine in liquid and slashed his tires, English-language Dutch news site NLTimes reports. The Uber driver involved told authorities one of the assailant’s cars was an Amsterdam taxi.

All the victims involved drive for UberPop, Uber’s European service.

The battle between Uber and traditional taxi companies has often been contentious, but these incidents seem to be some of the most violent on record. Uber, which has often entered markets regardless of local regulations, has faced fierce resistant from some area governments and taxi unions, particularly in Europe.

Uber completed a new round of funding in December valuing the company at over $41 billion, making it the most valuable private startup in the world.

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