May 14 (Bloomberg) — Royal Bank of Canada , the country’s largest lender, will take additional writedowns of about C$855 million ($854 million) on its debt investments, the second- biggest writedown taken by a Canadian bank since the credit crisis began last year. More: continued here

eBay gives Craigslist a 28.4% yank of the chain; Craigslist bites backBloggingStocks –10 minutes agoAs you may know, Craigslist has been embroiled in a legal tussle with Internet giant eBay Inc. (NASDAQ: EBAY). After purchasing a 28.4% stake in the company … More: continued here

WASHINGTON (AP) — The House moved Wednesday toward passing a $290 billion farm bill that contains more subsidies for farmers as well as big increases in food stamps and other nutrition aid to help people with skyrocketing grocery prices. More: continued here

eBay and Craigslist are suing and countersuing one another. More: continued here

Walrus Magazine eBay and Craigslist: Cross-Listed BedfellowsWalrus Magazine, Canada –10 minutes agoeBay and Craigslist are swapping lawsuits like spit. eBay owns about a quarter of Craigslist. eBay created Kijiji (a Craigslist-clone classifieds system but … More: continued here

Few answers yet on post office siteWaynesville Daily Guide, MO –18 minutes agoBy Photo by Darrell Todd Maurina The current location of the Waynesville Post Office on the downtown square is under review by postal officials who’ve been … More: continued here

Sydney Morning Herald Craigslist Countersues EBay, Escalating Legal FightPC World –1 hour agoClassified-advertising site Craigslist is countersuing eBay, accusing the online auction company of using its stake in Craigslist to misappropriate …Craigslist counter-sues eBay for 'stealing corporate trade secrets'Telegraph.co.ukCraigslist Clicks eBay's"Sue It Now" ButtonMotley FoolCraigslist hits back in eBay disputeguardian.co.ukBBC News – …

FedEx Kinko’s is, by all accounts, ecologically responsible. The company recycles 700 tons of paper per year and recently was ranked eighth on the Environmental Protection Agency’s quarterly list of Green Power Partners. More: continued here

SAN FRANCISCO (Thomson Financial) – FedEx Corp. on Wednesday promoted Brian Philips to president and chief executive of its FedEx Kinko’s unit. Philips, who is chief operating officer of FedEx Kinko’s, has been acting CEO since March 31. More: continued here

Brian D. Philips’ role as acting chief executive of Dallas-based FedEx Kinko’s has turned into a permanent position. (FDX) More: continued here