CarMax Inc. has been named by Fortune magazine as one of its 100 Best Companies to Work For the 15th consecutive year.


CarMax ranks 33 for 2019.


CarMax is currently hiring for more than 1,200 positions in existing and new locations across the country. The majority of open store positions are in sales and service operations including technicians, and inventory roles.

Consumer Portfolio Services Inc. earned less money and had lower revenues in the fourth quarter, but the effect of the 2017 tax cut caused the company to swing to a gain from a loss the year before.


CPS announced earnings of $5.4 million for the fourth quarter. This compares to a net loss of $10 million in the fourth quarter of 2017. 


The results for the fourth quarter of 2018 include a $2.1 million net tax benefit related to certain tax planning strategies and other adjustments. Without the benefit, net income would have been $3.3 million.


For the fourth quarter of 2017, the loss includes a non-cash income tax charge of $15.1 million representing the write down of the company’s deferred tax asset to reflect the lowered tax rates enacted by the December 2017 tax act. Without the charge, net income would have been $5.1 million.


Revenues for the fourth quarter were $91.2 million, a decrease of $16 million, compared to $107.2 million for the fourth quarter of 2017.  Total operating expenses for the fourth quarter were $86.4 million compared to $99 million for the 2017 period. 


Pretax income for the fourth quarter of 2018 was $4.8 million compared to pretax income of $8.2 million in the fourth quarter of 2017, a decrease of 41.8 percent.

Small business owners grew less optimistic in the latest quarterly Wells Fargo/Gallup Small Business Index.


The overall Index score fell to 106. That marks the seventh consecutive quarter in which the score has topped 100, although it is 23 points lower than last quarter’s all-time high of 129.


The first quarter 2019 survey was conducted Jan. 9–15.


Along with a drop in the overall score, the number of business owners who indicated optimism about their present financial situation dropped to 46. In addition, optimism about their business’ future decreased to 60.


This coincides with decreasing company revenues, with 45 percent of owners saying revenues increased and 25 percent indicating a decrease. Optimism about revenue in the next 12 months also fell, with fewer business owners saying they expect revenue to increase in 2019.

Black Book’s Used Vehicle Retention Index fell to 115.4 in January from116.3 in December.


The Index has now declined two months in a row.


 The Index decline was nearly across-the-board for most segments, with only compact and midsize cars showing modest gains.


There were a number of segments with declines of over 1 percent, including minivan, small pickup, midsize and full-size luxury CUV/SUV, sporty car, subcompact car, near luxury car, and compact crossover SUV.

Autotrader.com recently named its 10 Best CPO Cars and 10 Best CPO Luxury Cars for 2019.


The top mass market vehicles are:
2015-2018 Chevrolet Tahoe
2016-2018 Honda Civic
2016-2018 Hyundai Sonata
2013-2017 Jeep Wrangler
2016-2018 Mazda6
2014-2018 Nissan Rogue
2015-2018 Ram 1500
2015-2018 Subaru Outback
2016-2018 Toyota Tacoma
2014-2018 Toyota Tundra

The top luxury picks are:
2014-2018 Acura MDX
2015-2018 Cadillac Escalade
2017-2018 Chrysler Pacifica
2014-2018 Infiniti QX60
2017-2018 Jaguar F-Pace
2014-2018 Jaguar F-Type
2014-2018 Kia Cadenza
2015-2018 Lexus RC
2015-2018 Porsche Macan
2016-2018 Volvo XC90

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