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* Verizon Communications Inc. completed its $8.52-billion purchase of MCI Inc. MCI Chief Executive Michael Capellas, who led the company out of bankruptcy protection in 2004, left it with the closing of the purchase, Verizon said.

* Del Mar, Calif.-based home builder Brookfield Homes said orders plunged 39% in the fourth quarter because of a slowdown in sales in the San Diego and Washington markets, as well as a shortage of inventory available for sale.

* Auto supplier FederalMogul Corp., which filed for bankruptcy protection in 2001, said it was developing a three-year restructuring plan that might cut 4,500 jobs, or 10% of its workforce.

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