Heaven knows I’ve got my work cut out finding the good news out there right now. That said, my old pal and head of the AGR Carl Gilliard keeps going on record to say that the majority of graduate recruiters are not cutting their graduate intake, and a significant percentage are actually increasing the number of grads they take on. That might include the world’s largest PC maker, HP whose profits have come in higher than expected, giving its shares a 10% bounce and sales up nearly 20%. Last year the company overtook Dell as the biggest PC maker, and that position looks like holding thanks to global reach, a broad customer base and…er…ongoing cost cuts.

Out pals at InBev have completed a £35bn (gulp) takeover of USA brewer Anheuser-Busch to create the world’s largest brewer. And the new catchy name? Anheuser-Busch InBev, which sounds like an Austrian football team, or toilet disease. They’ll sell 46 billion litres of beer a year, putting the following brands under one roof: Stella, Budweiser, Beck’s, Hoegaarden, Leffe, Brahma, Staropramen, Michelob, Rolling Rock. It has upset patriotic American politicians that their appalling beers should be owned by a Belgium firm, but they’ll get over it. Few job losses are expected, growth is on the cards, particularly for brand Budweiser, whose performance in Europe compared to the rest of the Western world has been relatively weak. Like the piss-awful beer itself.

A sad day for comedy: Its sayonara to one of big businesses loose cannons, Jerry Yang, the co-founder of Yahoo, who is stepping down at big boss. He’s been entertainingly under fire from his staff and board after cocking-up a sale to Microsoft earlier this year and then waving goodbye to Google in a proposed internet advertising tie-up. He wrote to employees to say he would find another buyer, and never did. Yahoo is surprisingly popular outside of the UK, where Google is king, and a new boss might just be the shot in the arm the company needs, so definitely put them on your “possible employer” list. Yang’s e-mail to employees ended with the words: “All of you know that I have always and will always bleed purple” - in reference to the predominant colour on the company’s logo. Er…which is red.