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High times: King of Cannabis lights up pot stock

Marijuana

The combination of cash and Cannabis has proved a heady mix for the stock market recently. But nothing prepared the market for the astounding reaction to Tuesday's news that the "King of Cannabis" Nevil Schoenmakers is acting as a strategic advisor to another dope hope, the ASX-listed Singaporean biotech Stemcell United Ltd.

Macquarie sells out of deal that saw it dubbed the Vampire Kangaroo

KANGAROO . 011005 AFR PICTURE BY PHIL CARRICK GENERIC: WILDLIFE, ANIMAL, ENVIRONMENT, NATURE, OUTBACK, HUNTING, ****AFR ...

Nic Moore's Macquarie Group has sold its final stake in Thames Water for up to £1.5 billion, according to UK reports. It ends an 11 year association with the utility that endeared it to the Brits so much it was labelled the "vampire kangaroo" by Rupert Murdoch's paper, The Sunday Times, for its ruthless focus on profits and tax minimisation.

'Don't be a commander' - fund manager's guide to women

Female workers are at a disadvantage from the first rung of their career ladder, the study shows.

"Genetic factors like levels of testosterone and how the brain deals with stress can skew female investors into being more risk adverse" - Stereotypes aplenty as global wealth group State Street Global Advisors hunts alpha female investors.

$13m for doing no work: Why it pays to work for Rupert Murdoch

Rupert Murdoch at the Super Bowl last week.

You don't have to actually work for Rupert Murdoch to make a fortune. Just ask News Corp's retiring chief financial officer, Bedi Singh. He will make $US10m over the next three years from drawing his base salary and bonuses despite walking out the door for the last time this Wednesday.

No need for Celebrity Apprentice Mark Bouris to fire himself

Illustration: John Shakespeare

Business guru and Celebrity Apprentice host Mark Bouris promised to fire himself if his financial group, Yellow Brick Road, did not make a profit this year. He was joking of course, but the good news for Bouris is that he won't have to worry about his long suffering fellow investors taking the promise seriously.

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