In a surprise move, developers who had sought to build 25,000 homes on farmlands in San Jose's Coyote Valley pulled the plug on their plan today saying economic uncertainty, market forces and expensive planning delays have made the project impossible to pursue.

FRANKFURT (Reuters) - JPMorgan Chase's (JPM.N) purchase of stricken rival Bear Stearns (BSC.N) for a rock-bottom price is expected to drive indexes down on Monday, following a surprise move by the Federal Reserve.

FRANKFURT (Reuters) - JPMorgan Chase's (JPM.N) purchase of stricken rival Bear Stearns (BSC.N) for a rock-bottom price is expected to drive U.S. indexes down on Monday, following a surprise move by the U.S. Federal Reserve.