CarMax is furloughing about15,500 employees, effective April 18, while also slashing executive pay and other costs. The cutbacks come as about half the company's 217 U.S. stores are ether closed ...

The used car retailer CarMax will pay $1 million in a settlement agreement after officials say they failed to disclose open safety recalls on vehicles. Stream Philadelphia News for free, 24/7 ...

CarMax Inc. said Wednesday it will pay bonuses of up to $500 to 22,000 employees, or more than 80% of its workforce, to recognize their efforts "in the midst of a challenging year." ...

CarMax Inc. has reached a settlement with the EPA over alleged violations of the Clean Water Act at the company's store in Independence, Mo., the EPA said Monday. The used-vehicle retailer has ...

The CarMax dealership in Independence will pay more than $119,000 in civil penalties after thousands of gallons of gasoline leaked into a creek, the EPA said.