Vancouver extends oil terminal lease, Meyer Memorial CIO touts new investment strategy and Nike will manufacture athletic hijab.
Rukaiyah Adams wants to change how Oregon invests
As Chief Investment Officer for Meyer Memorial Trust, and now chair of Oregon Investment Council, Adams oversees the investment of billions of dollars. She wants to use Meyer Memorial’s investments to shape social policy, Willamette Week reports. Adams is also proposing alternatives to traditional investments — by allowing neighborhoods to own a stake in their buildings, for example.
Oregon Business profiled Adams three years ago, when she was director of investment management for StanCorp. At the time Editor Linda Baker described Adams as more “like a left-leaning political theorist than a multi-billion-dollar asset manager.”
In a blog posted last year, Baker also suggested, tongue in cheek, that Adams run for Portland mayor.
Vancouver extends oil terminal lease
Vancouver Energy will continue to lease its site for a proposed oil terminal from the Port of Vancouver thanks to a 2-1 vote by the Port Board of Commissioners, the Columbian reports. Vancouver Energy intends to turn the site into a hub for crude oil trains and load shipments headed down the West Coast.
Businesses support A Day Without a Woman protest
Women nationwide are taking the day off from work. The protest is organized by the Women’s March on Washington. Women are also encouraged to only shop at female or minority owned businesses. Many Oregon businesses are showing solidarity with those women on strike, the Oregonian reports. Some women-owned businesses say the economic impact will hurt the cause. “We are a small business with 80% female staff. If we don’t show up, our business stops,” Wildfang CEO Emma Mcilroy tweeted.
— WILDFANG (@wearewildfang) March 8, 2017
Nike unveils athletic hijab for Muslim women
Nike’s new product will launch in the spring of 2018, the Washington Post reports. Nike officials say the hijab was inspired by Saudi Arabian Olympic runner Sarah Attar and Emerati Olympic weightlifter Amna Al Haddad. The hijab is also intended to empower Muslim women to participate in athletics.
OB Original Blog: Crowdfunding scientific research ‘a cultural revolution’
A crowdfunding project targeting a rare pediatric disease highlights the democratization — and privatization — of medical research.
Wolf population hits milestone, triggers management change
Eastern Oregon is now home to at least seven breeding pairs of wolves, and has been for the last three years. These numbers indicate a stabilizing population and signal a shift to Phase III in the Wolf Management Plan, OPB reports. Phase III makes it easier for ranchers and ODFW officials to kill troublesome wolves. The ODFW can now authorize someone, i.e. a rancher, to kill the offending wolf, rather than doing it themselves.