Herald Business Journal

Funko headquarters in downtown Everett. (Sue Misao / Herald file)

Private equity firm buys 25% stake in Everett-based Funko

It’s another big change this year for the pop-culture toymaker, which is headquartered downtown.

Funko headquarters in downtown Everett. (Sue Misao / Herald file)
New LGI Homes on Thursday, May 12, 2022 in Sultan, Washington. (Olivia Vanni / The Herald)

Sultan gets a boost from remote-work newcomers — and growing pains

Houses are sprouting. Traffic is worsening. And new Sky Valley residents find “we don’t really get Uber Eats out here.”

New LGI Homes on Thursday, May 12, 2022 in Sultan, Washington. (Olivia Vanni / The Herald)
The Lenz composting facility borders. (Google Earth)

Firm calls rules for expanded composting near Stanwood ‘unlawful’

Among other things, Lenz Enterprises claims a condition barring odors from its composting is “unreasonable.”

The Lenz composting facility borders. (Google Earth)
Janette Burk and Timur Keskinturk are fighting to keep their coffee shop location in Alderwood Mall. Photographed in Seattle, Washington on May 23, 2022.  (Kevin Clark / The Herald)

Alderwood mall evicts Turkish cafe that fought Starbucks ‘exclusive’

Kismet Turkish Cafe Bakery must clear out by Tuesday. The owners of the kiosk blame the global coffee chain.

Janette Burk and Timur Keskinturk are fighting to keep their coffee shop location in Alderwood Mall. Photographed in Seattle, Washington on May 23, 2022.  (Kevin Clark / The Herald)
FILE - In this Feb. 14, 2019, file photo, people stand in the lobby for Amazon offices in New York. Amazon shareholders on Wednesday, May 25, 2022 voted down a proposal calling for an independent audit of working conditions at the e-commerce behemoth's warehouses. (AP Photo/Mark Lennihan, File)

Amazon shareholders nix warehouse working conditions audit

They did, however, approve compensation packages for six top executives, including CEO Andy Jassy.

  • May 25, 2022
  • Associated Press
FILE - In this Feb. 14, 2019, file photo, people stand in the lobby for Amazon offices in New York. Amazon shareholders on Wednesday, May 25, 2022 voted down a proposal calling for an independent audit of working conditions at the e-commerce behemoth's warehouses. (AP Photo/Mark Lennihan, File)
Janette Burk and Timur Keskinturk are fighting to keep their coffee shop location in Alderwood Mall. Photographed in Seattle, Washington on May 23, 2022.  (Kevin Clark / The Herald)

A Turkish café served coffee next to Starbucks. They were told to move.

After years, Kismet Turkish Cafe Bakery’s owners say they were told to relocate in Alderwood mall due to a nearby Starbucks kiosk.

Janette Burk and Timur Keskinturk are fighting to keep their coffee shop location in Alderwood Mall. Photographed in Seattle, Washington on May 23, 2022.  (Kevin Clark / The Herald)
Nuno Taborda

Former Rolls Royce executive to lead Everett aerospace firm

magniX, which builds electric aircraft motors, has hired Nuno Taborda as its next CEO.

Nuno Taborda
Epic Ford on the corner of 52nd Street and Evergreen Way in Everett is closed. The dealership has been in business for more than 50 years. (Janice Podsada / The Herald)

After 50 years, Everett’s Epic Ford dealership closes shop

It opened in 1971, when gas guzzling muscle cars like the Ford Mustang still ruled the road.

Epic Ford on the corner of 52nd Street and Evergreen Way in Everett is closed. The dealership has been in business for more than 50 years. (Janice Podsada / The Herald)
Dan Bates / The Herald
When Seattle Genetics founder, Clay Siegall lost his father while in college, he switched from studying for an MD to studying for a PhD., and a goal to treat cancer patients.  His efforts are paying off in lives.

Bothell biotech CEO resigns after domestic-violence allegation

Clay Siegall co-founded Seagen, which develops therapies for cancer patients. He’s accused of attacking his wife.

Dan Bates / The Herald
When Seattle Genetics founder, Clay Siegall lost his father while in college, he switched from studying for an MD to studying for a PhD., and a goal to treat cancer patients.  His efforts are paying off in lives.
FILE - A sign at a Starbucks location in Havertown, Pa., is seen April 26, 2022. Starbucks says it will pay travel expenses for U.S. employees to access abortion or gender-confirmation procedures if those services aren't available within 100 miles of a worker’s home. The Seattle coffee chain says, Monday, May 16, 2022, the benefit will also be available to dependents of employees enrolled in its health care coverage. (AP Photo/Matt Rourke, file)

Starbucks will cover travel for workers seeking abortions

Amazon and Tesla also will provide the benefit. Walmart and Facebook have stayed silent.

  • May 16, 2022
  • By MICHELLE CHAPMAN and DEE-ANN DURBIN AP Business Writers
FILE - A sign at a Starbucks location in Havertown, Pa., is seen April 26, 2022. Starbucks says it will pay travel expenses for U.S. employees to access abortion or gender-confirmation procedures if those services aren't available within 100 miles of a worker’s home. The Seattle coffee chain says, Monday, May 16, 2022, the benefit will also be available to dependents of employees enrolled in its health care coverage. (AP Photo/Matt Rourke, file)
FILE - In this Monday, March 1, 2021 file photo, The first Alaska Airlines passenger flight on a Boeing 737-9 Max airplane takes off on a flight to San Diego from Seattle-Tacoma International Airport in Seattle. A Boeing pilot involved in testing the 737 Max jetliner was indicted Thursday, Oct. 14,2021 by a federal grand jury on charges of deceiving safety regulators who were evaluating the plane, which was later involved in two deadly crashes. (AP Photo/Ted S. Warren, File)

Alaska Airlines to keep canceling flights at high level for weeks

Flight cancellations since April will continue. The chaos has been damaging for Seattle’s hometown airline.

FILE - In this Monday, March 1, 2021 file photo, The first Alaska Airlines passenger flight on a Boeing 737-9 Max airplane takes off on a flight to San Diego from Seattle-Tacoma International Airport in Seattle. A Boeing pilot involved in testing the 737 Max jetliner was indicted Thursday, Oct. 14,2021 by a federal grand jury on charges of deceiving safety regulators who were evaluating the plane, which was later involved in two deadly crashes. (AP Photo/Ted S. Warren, File)
A barista pours steamed milk into a red paper cup while making an espresso drink at a Starbucks coffee shop in the Pike Place Market, Tuesday, Nov. 10, 2015, in Seattle. It's as red as Santa's suit, a poinsettia blossom or a loud Christmas sweater. Yet Starbucks' minimalist new holiday coffee cup has set off complaints that the chain is making war on Christmas. (AP Photo/Elaine Thompson)

Interfaith group asks Starbucks to drop vegan milk surcharge

They say the practice amounts to a tax on people who have embraced plant-based lifestyles.

  • May 13, 2022
  • By Wire Service
A barista pours steamed milk into a red paper cup while making an espresso drink at a Starbucks coffee shop in the Pike Place Market, Tuesday, Nov. 10, 2015, in Seattle. It's as red as Santa's suit, a poinsettia blossom or a loud Christmas sweater. Yet Starbucks' minimalist new holiday coffee cup has set off complaints that the chain is making war on Christmas. (AP Photo/Elaine Thompson)
FILE - An airplane flies past the Boeing logo on the company's headquarters in Chicago, on Thursday, Dec. 20, 2001. Boeing Co., a leading defense contractor and one of the world's two dominant manufacturers of airline planes, is expected to move its headquarters from Chicago to the Washington, D.C., area, according to two people familiar with the matter. The decision could be announced as soon as later Thursday, May 5, 2022, according to one of the people. (AP Photo/Ted S. Warren, File)

Boeing expected to move headquarters from Chicago to DC area

The move would put Boeing executives close to their key customer, the Pentagon, and the FAA.

FILE - An airplane flies past the Boeing logo on the company's headquarters in Chicago, on Thursday, Dec. 20, 2001. Boeing Co., a leading defense contractor and one of the world's two dominant manufacturers of airline planes, is expected to move its headquarters from Chicago to the Washington, D.C., area, according to two people familiar with the matter. The decision could be announced as soon as later Thursday, May 5, 2022, according to one of the people. (AP Photo/Ted S. Warren, File)
Marysville Mayor Jon Nehring is this year's winner of the Henry M. Jackson Award given by Economic Alliance Snohomish County. Photographed in Marysville, Washington on April 25, 2022. (Kevin Clark / The Herald)

Jon Nehring: Longtime Marysville mayor who’s nurtured growth

He’s helped steer the city’s transformation and is winner of the Jackson Award by Economic Alliance Snohomish County.

Marysville Mayor Jon Nehring is this year's winner of the Henry M. Jackson Award given by Economic Alliance Snohomish County. Photographed in Marysville, Washington on April 25, 2022. (Kevin Clark / The Herald)
Dr. David Kirtley at the new Helion headquarters, Antares, in Everett, Washington on Wednesday, Jan. 19, 2022  (Olivia Vanni / The Herald)

Helion Energy: New Everett company has the sun in its eyes

The firm is the winner of a new award by Economic Alliance Snohomish County, called Opportunity Lives Here.

Dr. David Kirtley at the new Helion headquarters, Antares, in Everett, Washington on Wednesday, Jan. 19, 2022  (Olivia Vanni / The Herald)
This 3D rendering shows Sila's 6000-foot facility in Moses Lake, to be used to manufacture lithium-ion anode battery materials. (Business Wire)

New factory in Moses Lake will bring hundreds of new jobs

The plant will manufacture lithium-ion anode battery materials for cars and cellphones.

  • May 4, 2022
  • By Wire Service
This 3D rendering shows Sila's 6000-foot facility in Moses Lake, to be used to manufacture lithium-ion anode battery materials. (Business Wire)
Monti Ackerman, recipient of the John Fluke Award, is pictured Thursday, April 28, 2022, outside his office in Everett, Washington. (Ryan Berry / The Herald)

Monti Ackerman: A passionate volunteer and calculator whiz

The Fortive executive is the winner of this year’s Fluke Award by Economic Alliance Snohomish County.

Monti Ackerman, recipient of the John Fluke Award, is pictured Thursday, April 28, 2022, outside his office in Everett, Washington. (Ryan Berry / The Herald)
Rep. Mike Sells, D-38, is the recipient of this year's Henry M. Jackson award. The award recognizes a visionary leader who through partnership, tenacity and a strong commitment to community has created lasting opportunities to improve quality of life and positively impact the regional economy. Photographed in Everett, Washington on April 29, 2022.  (Kevin Clark / The Herald)

Rep. Mike Sells: He fought for WSU Everett and worker rights

The retiring legislator is the recipient of the Floyd Award from Economic Alliance Snohomish County.

Rep. Mike Sells, D-38, is the recipient of this year's Henry M. Jackson award. The award recognizes a visionary leader who through partnership, tenacity and a strong commitment to community has created lasting opportunities to improve quality of life and positively impact the regional economy. Photographed in Everett, Washington on April 29, 2022.  (Kevin Clark / The Herald)
People sit outside the recently opened Amazon Go facility Wednesday, April 27, 2022, in Mill Creek, Washington. (Ryan Berry / The Herald)

Cashier-less Amazon Go buzzing in Mill Creek grand opening

Locals came to check out the high-tech store, with $3 avocado toast and cameras watching customers’ every move.

People sit outside the recently opened Amazon Go facility Wednesday, April 27, 2022, in Mill Creek, Washington. (Ryan Berry / The Herald)
Joel Bervell (Courtesy photo)

TikTok med student @joelbervell named top Emerging Leader

Joel Bervell, who highlights disparities in medicine, took top honors at an event for 12 rising stars in Snohomish County.

Joel Bervell (Courtesy photo)