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Arizona Business Gazette from Phoenix, Arizona • BG1

Location:
Phoenix, Arizona
Issue Date:
Page:
BG1
Extracted Article Text (OCR)

The Business Resource abgnews.com Copyright 2019 Vol. 139, No. 52 Established 1880 $1.00 THURSDAY, DECEMBER 26, 2019 INSIDE: MORE ESSENTIAL NEWS ABOUT THE METRO PHOENIX ECONOMY Cool home Take a look at this foot beauty. Page 2 Regional report Business news from around the Valley. Page 4 Markets Widely held stocks and top mutual funds.

Pages 5-6 Business leads Bankruptcies, incorporations, calendar. Pages 7-11 QEAJAB-53130sReal estate Page 2 Business news Page 3 Regional report Page 4 Stocks Pages 5-6 Personal finance Page 12 INDEX Phoenix-based Banner Health has agreed to settle a class action lawsuit over a 2016 computer data breach that may have compromised health and per- sonal data of nearly 3 million patients, employees and others, court documents show. The class action lawsuit came out of 11 individual lawsuits in 2017. The proposed settlement, which must still be approved by the court, includes Banner paying as much as $6 million to victims. The proposal also includes insurance coverage for claims of losses stemming from the data breach.

things considered, this settle- ment compares very favorably with those that have been approved in other data breach said Andrew Fried- man, one of the lawyers representing the credit monitoring is more ro- bust and state-of-the-art, and I think covered all of the folks who may have he said. The proposed settlement shows Ban- ner has agreed to provide two years of free credit monitoring through Identity Guard Total for the estimated 2.9 mil- lion people by the breach, which occurred in June and July 2016. All of those people will receive free insurance coverage of up to $1 million to cover losses stemming from identity theft and stolen funds that were a result of the data breach. The settlement terms say those af- fected would be able to claims for up to $500 for con- nected to the breach, or up to $10,000 for expense reimburse- expenses like lost time at work or professional help with identity theft issues. The total limit for those expense payments from Banner Health is $6 mil- lion.

Banner also agreed to improve its in- formation security systems. The court this month granted prelim- inary approval of the settlement. Final court approval is set for April 21. is still a pending legal matter, so we are unable to discuss details. How- ever, we are hopeful that it will be re- solved soon, at which time those who were impacted can learn additional in- Banner Health spokeswom- an Becky Armendariz said in an emailed Banner to pay $6M in breach settlement Stephanie Innes Arizona Republic USA TODAY NETWORK See BANNER, Page 3 Banner Health has agreed to settle a class action lawsuit over a 2016 computer data breach.

MARK REPUBLIC When Barry Chasse decided to start a construction company in 2007, the economy and housing market were great and green construction was a lesser-known option that was a blip on the mainstream radar. Fast-forward 12 years and his Tem- pe-based Chasse Building Team sur- vived the recession that crippled or shut down many of his competitors and, with a niche in the LEED (Leader- ship in Energy and Environmental De- sign) segment of the industry, it- self on the crest of an environmentally conscious consumer market. something always been Barry Chasse, at Chasse Building Team headquarters, Dec. 17, 2019. CARLY REPUBLIC Chasse helps others move to a green building market Georgann Yara Special to Arizona Republic USA TODAY NETWORK Chasse Building Team Where: 230 S.

Siesta Lane, Tempe Employees: 130 Interesting stat: The green building market in the United States is valued at $81 billion, according to market and consumer data provider Statista. Details: 480-425-7777, chasse.us See CHASSE, Page 12 An Arizona lawmaker wants Attor- ney General Mark Brnovich to investi- gate whether plan to increase fees for car services like Uber and Lyft violates the state Constitution. The Phoenix City Council voted 7-2 on Wednesday, Dec. 18, to charge a $4 fee for pickups and drop at the air- port using apps like Uber and Lyft. The new fee will take Feb.

1 and in- crease by 25 cents annually until reach- ing $5 in 2024. While Phoenix has already charged a $2.66 fee for rides from Sky Harbor and other cities have imposed fees on ri- desharing services at airports in recent years, the move prompted heavy oppo- sition from Uber and Lyft. Both companies are threatening to end curbside service at Sky Harbor, raising the prospect of mass confusion as travelers step out of an airport that prides itself as friendliest. State Rep. Nancy Barto, R-Phoenix, not only disagrees with the fee but ar- gues it violates a provision of the state Constitution approved by voters as Proposition 126 last year that prohibits new or increased taxes on services.

is such a blatant disregard of the will of Arizona voters who passed Prop. 126 in Barto said. Under Arizona law, any legislator can direct the attorney general to inves- tigate local government policies that AG asked to look into ride fee hike at airport Andrew Oxford Arizona Republic USA TODAY NETWORK See RIDE FEES, Page 3 Attorney General Mark Brnovich was asked to investigate if increased car services fee violates the state constitution. ELI REPUBLIC An empty minivan covered with spinning sensors whirred quietly down a Chandler street, pulling up to the curb of a hotel last week, its steer- ing wheel turning as if handled by a ghost. The passenger who hailed the robo- car got a message via cellphone.

grats! This car is all yours, with no one up Waymo announced two years ago that some of its cars in Chandler had nobody behind the wheel to take over if the cars had a problem, but last Tuesday was the time the compa- ny let The Arizona Republic participate in a truly driverless ride. Recently they marked the one-year anniversary of Waymo launching a paid ride service called Waymo One in Arizona. More than 1,500 people use the paid service or the research Early Rider pro- gram where new features are tested, according to the company. Arizona is the only place where Waymo the commercial service and the only place it tests fully driver- less cars on public roads. is an absolute privilege to see this come to Waymo Director of Product Saswat Panigrahi said.

Waymo has 600 vehicles in its au- A passenger gets ready for a ride in a Waymo self-driving car at the Element Hotel in Chandler Dec. 3. Waymo expands testing of fully driverless vehicles Ryan Randazzo Arizona Republic USA TODAY NETWORK See WAYMO, Page 3.

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About Arizona Business Gazette Archive

Pages Available:
65,548
Years Available:
2001-2024