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Former San Jose University students. The three were found guilty of misdemeanor battery against Donald Williams but escaped conviction on hate crime allegation. Prosecutors say logan beaschler, Joseph Bomgardner and colin warren used racial slurred and put a bike lock around his neck when they shared a dorm in 2013. The judge declared a mistrial for the other two defendants after the jury deadlocked on the hate crime charge. But we believe the evidence very strongly supported that these acts were motivated in whole and in part by bigotry. The former students will be sentenced march 14th. An attorney for bumgardner refused comments until a civil lawsuit filed by the victim is settled. The naacp plans to go to Court Tomorrow to challenge an arbitrators decisi ....
force lenders to set aside an extra 35 billion euros when it unveils a plan to clean up the banking system today. lots to get through, but we start off from news from the iea which says oil prices are likely to stay high because of geopolitical riskitic despite a rise in world supply. they say global oil supply rose 600,000 barrels a day to 91 million a day in april. 90% of the increase coming from opec. we know that saudi arabia is well over 10 million barrels a day, but the iea says that uncertainty remains and last year they released oil stocks, would be ready to act again if necessary. brent as you can see has been declining over the last few week. we ll have more analysis of that. first, though, let s get back to the big story over the last 24 hours. jpmorgan announces a $2 billion loss in its own portfolio, the losses which occurred in the past six weeks stem from bad bets and credit default swaps made by the chief investment office which is designed to hedge th ....