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    CNN Money: Top business headlines for July 17

    5:36 AM, Jul 17, 2013   |    comments
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    NEW YORK (CNN) -- CNN Money's Maribel Aber has your top business and financial news on this Wednesday, July 17.

    California gets $4-a-gallon gas. Who's next?
    Drivers in California became the first in the mainland U.S. to pay an average of $4 a gallon for gas in the current price spike. They probably will get lots of company soon. Other states are likely to cross the $4 mark in coming days. The average price in Connecticut and Illinois is now pennies away from $4, while Michigan, Washington, Oregon and the District of Columbia are close behind with prices above $3.80 a gallon.

    Seeking a shortcut to a job
    Faced with ballooning costs at four-year colleges and an uncertain job market, a growing number of students are earning something else: a certificate aimed at landing a job.  Increasingly crucial to the community colleges that have long catered to students who pursue two-year degrees or get basic credits before attending four-year schools, certificate programs not only cost less on average than a year at college but they also bring higher salaries than those received by job candidates with high-school diplomas. The programs can typically last a few months to two years and range from cosmetology to aircraft mechanics.

    Movista receives $82,000 investment from ASTA
    Bentonville retail software firm Movista has received an $82,959 investment from the Arkansas Science & Technology Authority. The funds will be used to commercialize Movista's proprietary technology, which provides retail tracking, verifying and reporting activities, according to a news release. The funds will come from ASTA's Seed Capital Investment Program.

    Skechers pays up for Shape-ups
    Skechers is finally paying back the customers it's accused of deceiving with the false promise that its athletic shoes would magically tone their booties like reality TV star Kim Kardashian. The Federal Trade Commission is mailing 509,175 refund checks to purchasers of Shape-ups and other so-called toning shoes from Skechers after the company agreed to pay a $40 million settlement.

     

     

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