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The Securities and Exchange Commission's allegation of insider trading against Mark Cuban could stall the Dallas billionaire’s bid for the Chicago Cubs.

Metastorm Inc. is reneging on its $86 million initial public offering because of the economic crisis and stock market slump. (EBAY)

AMB Property Corp. leased 264,000 square feet of warehouse space in Lyon, France, to Wincanton plc, a shipping company. (AMB)

Veteran retail broker Seth Nodelman has joined CB Richard Ellis as a vice president. Nodelman

Insituform Technologies Inc. announced late Tuesday that it plans to eliminate 35 of its management and support staff positions. Approximately half of the positions are located at the company’s headquarters in Chesterfield, with the remainder based throughout North America.

Condo building juggernaut The Related Group is offering itself out as a consultant and possibly a lender for troubled real estate assets.

A suit claiming Apple Inc. used anticompetitive practices to restrict sales of its OS X operating system to its own machines was thrown out by a federal judge on Tuesday. (AAPL)

U.S. drillers Ensco International and Noble Corp. have won $456 million in contracts to rent offshore drilling rigs to Mexico's state oil company.

MMS reported that personnel are still evacuated from a total of 58 production platforms in the Gulf of Mexico following recent hurricanes, and that 16.3% of oil production is currently shut-in.

Venezuela totaled 76 operating oil rigs in October, a 23% increase from the same month a year ago.