Business briefs

Lumera Corp. posted revenue of $1.5 million in 2005, but still lost more than $10.4 million last year, according to financial results released Wednesday. The Bothell-based nanotechnology firm said research and development contracts accounted for most of its revenue. A spinoff of Microvision Inc., Lumera primarily develops faster broadband materials and bioscience protein chips.

Eden crop product boosts corn yields

Eden Bioscience Corp. of Bothell reported its ProAct crop enhancer increased corn production by an average of seven bushels an acre in trials performed with the National Corn Growers Association last year. Test results were collected from 62 fields in 12 states. The company said the increased production represents a return on investment ratio of 5-to-1 when comparing the expense of ProAct. Corn trials will continue this year.

Kurve Technology moves in Bothell

Kurve Technology Inc., a developer of nasal-drug delivery technology, has moved its corporate headquarters in Bothell. In the new space at 19805 North Creek Parkway, just a few hundred feet north of the company’s previous home, the company of 12 employees plans to grow throughout the year, said Marc Giroux, Kurve’s chief executive officer.

TiVo trims losses, adds customers

As it struggled to gain new subscribers, TiVo Inc., the maker of the popular set-top digital video recorder, on Wednesday reported narrower fourth-quarter losses in line with Wall Street expectations. For the three months that ended Jan. 31, the DVR pioneer said it lost $19.5 million, or 23 cents a share, compared with a year-ago loss of $33.7 million, or 42 cents a share. TiVo said it acquired 356,000 new subscribers in the fourth quarter, compared with 698,000 in the year-ago period.

McDonald’s spices up February profits

Strong gains in Europe and the introduction of the spicy chicken sandwich at its U.S. restaurants helped McDonald’s Corp.’s comparable sales rise 4.7 percent in February, the fast-food chain said Wednesday. Sales at restaurants open at least 13 months rose 5.4 percent, officials said. McDonald’s said U.S. same-store sales were boosted by premium chicken sandwich sales, its breakfast menu and extended hours, which helped overcome harsh weather in some parts of the country.

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Yansi De La Cruz molds a cheese mixture into bone shapes at Himalayan Dog Chew on Thursday, Sept. 21, 2023 in Arlington, Washington. (Olivia Vanni / The Herald)
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Cash is used for a purchase at Molly Moon's Ice Cream in Edmonds, Washington on Wednesday, Aug. 30, 2023. (Annie Barker / The Herald)
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Inside the new Boeing 737 simulator at Simulation Flight in Mukilteo, Washington on Wednesday, Sept. 20, 2023. (Annie Barker / The Herald)
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Pilots can test their flying skills or up their game at Simulation Flight in Mukilteo.

An Amazon worker transfers and organizes items at the new PAE2 Amazon Fulfillment Center on Thursday, Sept. 14, 2023, in Arlington, Washington. (Ryan Berry / The Herald)
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A computer rendering of the North Creek Commerce Center industrial park in development at 18712 Bothell-Everett Highway. (Kidder Mathews)
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The North Creek Commerce Center on Bothell Everett Highway will provide warehouse and office space in three buildings.

Dan Bates / The Herald
Funko president, Brian Mariotti is excited about the growth that has led his company to need a 62,000 square foot facility in Lynnwood.
Photo Taken: 102312
Former Funko CEO resigns from the Everett company

Brian Mariotti resigned Sept. 1, six weeks after announcing he was taking a six-month sabbatical from the company.

Cash is used for a purchase at Molly Moon's Ice Cream in Edmonds, Washington on Wednesday, Aug. 30, 2023. (Annie Barker / The Herald)
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Catherine Robinweiler leads the class during a lab session at Edmonds College on April 29, 2021. (Kevin Clark / The Herald)
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Peoples Bank is placing piggy banks with $30 around Washington starting Aug. 1.
(Peoples Bank)
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Workers build the first all-electric commuter plane, the Eviation Alice, at Eviation's plant on Wednesday, Sept. 8, 2021 in Arlington, Washington.  (Andy Bronson / The Herald)
Arlington’s Eviation selects Seattle firm to configure production plane

TLG Aerospace chosen to configure Eviation Aircraft’s all-electric commuter plane for mass production.

Orca Mobility designer Mike Lowell, left, and CEO Bill Messing at their office on Wednesday, Aug. 16, 2023 in Granite Falls, Washington. (Olivia Vanni / The Herald)
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Orca Mobility’s battery-powered, three-wheel truck is built on a motorcycle frame. Now, they aim to make it self-driving.

Members of Gravitics' team and U.S. Rep. Rick Larsen stand in front of a mockup of a space module interior on Thursday, August 17, 2023 at Gravitics' Marysville facility. Left to right: Mark Tiner, government affairs representative; Jiral Shah, business development; U.S. Rep. Rick Larsen; Mike DeRosa, marketing; Scott Macklin, lead engineer. (Gravitics.)
Marysville startup prepares for space — the financial frontier

Gravitics is building space station module prototypes to one day house space travelers and researchers.