Also

* Michael Capellas was named to head WorldCom Inc., replacing Chief Executive John Sidgmore and Chairman Bert Roberts on Dec. 2.

* Citigroup Inc.’s $240-million settlement over charges its consumer finance unit, Associates First Capital Corp., used deceptive practices to sell home loan insurance was given preliminary approval by a California judge. San Francisco Superior Court Judge Richard Kramer’s ruling clears the way for a federal judge in Atlanta to approve the largest settlement of a Federal Trade Commission consumer protection case.

* A federal appeals court dismissed Wells Fargo & Co.’s suit against the Federal Deposit Insurance Corp., probably ending the bank’s quest for $23 million in fee refunds.

* Drug maker Bristol-Myers Squibb Co. said it would not file its third-quarter report to U.S. regulators until February, three months later than usual, due to a continuing restatement of sales and earnings related to its past manipulation of sales to wholesalers.

* Titan Corp. of San Diego said it received a subpoena from the Justice Department related to military contract bids.

* Taubman Centers Inc. was hit by a lawsuit from one of its shareholders who wants to force the shopping mall owner to consider a $3.8-billion unsolicited offer from rival Simon Property Group Inc.

* Chiron Corp.’s patent-infringement lawsuit against Genentech Inc. about development of a breast cancer treatment was put on hold for as long as two years. U.S. District Judge William Shubb ordered the delay to let the U.S. Patent and Trademark Office referee a dispute about inventorship of technology Chiron says Genentech used in developing Herceptin.