Treasury Wine Estates chief Mike Clarke is restructuring the firm’s Californian operations. David Mariuz – The Australian Financial Review

Penfolds owner Treasury Wine Estates is restructuring its winery assets in California with the sale of the Paicines winery and several small vineyards and an expansion of production at the Beringer winery as it pursues $34 million in cost savings in its United States business. The overhaul of the Californian winery assets comes six months after Treasury…

This Expensive Private College Turned Student Loan Debt Relief Into a Lottery & People Flipped Out – STLtoday.com

Recent college graduates are facing the possibilities of what comes next new job, more school, and, of course, student loans. While repaying those loans might be daunting, one Boston school decided to offer its former students a chance for some help, in exchange for donations. Northeastern University reportedly sent out a text to a select group of…

Chivayo murky deals under threat – Zimbabwe Independent

ZIMBABWE Power Company (ZPC) bosses are stepping up efforts to cancel convicted fraudster Wicknell Chivayos murky multi-million-dollar energy deals which have caused uproar at the company and in public, it has emerged. By Elias Mambo President Robert Mugabe (left) with ex-convict and controversial businessman Wicknell Chivayo. The power-generating firm also wants to cancel the US$5…