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Former Trump campaign chairman Paul Manafort has entered a plea of not guilty to charges of bank fraud and tax crimes in federal court in Alexandria, Virginia.Judge TS Ellis set the trial to begin July 10.Prosecutors told said in court they planned to call 20-25 witnesses and the prosecutors' arguments could last up to two weeks.This will be the first of two trials for Manafort this year. A trial on federal charges in Washington, DC, is scheduled to begin in September.The-CNN-Wire? & ? 2018 Cable News Network, Inc., a Time Warner Company. All rights reserved. 577

Former United States President George H.W. Bush was honored with a state funeral Wednesday, drawing about 3,000 political figures, world leaders and family members to the National Cathedral in Washington, D.C. Numerous speakers marked the occasion with shared memories and kind words for the departed 41st president. PHOTOS: State funeral for George H.W. BushHere's what they had to say. 430

Friday brought another round of dramatic price cuts in the oil patch.US oil prices plummeted 7% and sank deeper into a bear market that has alarmed investors and made drivers around the world happy.The latest wave of selling knocked crude below a barrel for the first time since October 2017.Anxiety about oversupply and diminished demand have sent crude down by a third since it soared to a four-year high above a barrel in early October. Observers have gone from fearing 0 oil to expressing concern over why its price collapsed so quickly."The unrelenting six-week selloff has been unnerving to say the least," Michael Haigh, head of commodities research at Societe Generale, wrote to clients on Wednesday.Oil bulls are hoping OPEC and Russia come to the rescue by announcing steep production cuts at a meeting next month in Vienna. However, President Donald Trump is pressuring Saudi Arabia and OPEC not to reduce output despite the crash in prices. Traders are worried Trump's recent praise for Saudi Arabia signals the Saudis won't back a significant production cut.For the week, US oil prices are down nearly 10%.Lukman Otunuga, research analyst at FXTM, described the weekly selloff as "brutally bearish."Brent crude, the global benchmark, shed 5.5% on Friday and declined to a new 2018 low of a barrel.The meltdown was triggered by a series of developments that darkened the energy outlook. Prices soared over the summer as Trump vowed to zero out Iran's oil exports. That led Saudi Arabia, Russia and especially the United States to ramp up production. However, the Trump administration later took a softer approach on Iran sanctions to keep oil from spiking. Officials granted temporary waivers to China, India and other buyers of Iran's crude. That headfake left the oil market staring at a potential glut.At the same time, global growth fears emerged in financial markets. Economists are marking down their GDP forecasts for 2019. Germany and Japan, the world's No. 3 and 4 economies, are already in contraction. China is slowing, too. None of that is bullish for oil, which powers the world economy."Rising global crude supply coupled with worrying signs of slowing demand have written a recipe for disaster for the oil markets," Otunuga wrote to clients on Friday.The rapid collapse in oil prices caught many off guard, including hedge funds that made outsized bullish bets on crude earlier this year. Large commodity funds have accumulated losses in excess of .7 billion so far this quarter, Societe Generale estimates."Sentiment on commodity markets has been despondent," Haigh wrote.The energy slump came at just the right time for consumers though. Millions of Thanksgiving travelers were greeted by cheaper prices at the pump. The average gallon of gallon fetched .58 on Friday, down sharply from .84 a month ago, according to AAA. 2880

For the first time in three decades, Best Buy has a new logo.The electronics store launched its new-look logo Wednesday to make it "more modern and easier to read, especially in today's digital world.""The updated logo is true to our heritage, but it's really cleaned up," said Best Buy chief marketing officer Whit Alexander, in a statement. "It's an evolution toward the future, and we're excited about that."The redesigned Best Buy logo still features a yellow tag, but the words "Best Buy" have been pulled out of the tag, and the tag has been shrunk.The new logo is already in use on the Best Buy website and Twitter account. The company said it's also being featured in advertising, and it will soon appear on uniforms, shopping bags, and signs.Best Buy is expected to report quarterly earnings on May 24.  825

FRANKLIN, Indiana — Authorities in Indiana are warning people of a scam involving a person who is claiming to be a sheriff's deputy in order to deceive people into sending money.According to a report from the Johnson County Sheriff's Office, a woman came to the Johnson County Jail on Wednesday who said while she was at work she received a call from an individual who claimed to be a sheriff's deputy.The individual told the woman she had a warrant for her arrest due to failure to appear for jury duty selection. The suspect told the woman if she wanted to avoid arrest she needed to pay the fines by purchasing ,000 worth of Apple Store gift cards. The suspect also told the woman she would need to go to the sheriff's office with her receipts to prove her identity.After making the initial purchase in pre-paid gift cards, the suspect informed the woman 0 was not transferred, according to the sheriff's office. The suspect reportedly told the woman to purchase another 0 in pre-paid Apple gift cards. The woman said she was on the phone with the suspect for approximately two hours until all the transactions were made and confirmed. She then drove to the sheriff's office where she was informed she was the victim of a scam.The woman was distraught and told deputies she is recently divorced and the money used from her saving account was being saved for her children's Christmas gifts. 1413