Biz bits

CarMax plans to open Augusta store in May

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CarMax will open its online job center April 12 to begin staffing its Augusta dealership.

The used car retailer will open May 19, about a year after it finished construction on the building at 130 Mason McKnight Jr. Parkway.

Spokeswoman Elia Imler said the company expects to hire 35 associates in sales, office and service positions. Imler said openings will be posted at carmax.com on April 12.

It will be the Fortune 500 company's first Georgia store outside the Atlanta area, where it has five. The company delayed opening the store because of the recession.

CarMax paid $1.7 million for 5.8 acres in July 2008.

30 industrial positions to be filled at job fair

MAU will hold a job fair Wednesday for industrial positions at area manufacturing facilities.

MAU will be hiring for 30 positions, said Brett Yardley, the marketing and communications specialist.

The fair will be held at Hampton Inn & Suites at 4801 Jimmie Dyess Parkway. Applications will be accepted from 9 a.m. to 4 p.m. or at www.mau.com.

All applicants must have at least six months' experience, a clean background and must submit to a drug screening.

The positions include forklift drivers, packers, leadership positions and shift supervisors for the MAU team at Kimberly-Clark and mechanical assemblers, machine welders and machine operators for its team at E-Z-Go.

Pay czar will launch compensation review

NEW YORK --- The Obama administration's pay czar is launching a review of compensation for 25 top executives at all financial firms that received federal bailout money, according to three people familiar with the plan.

Kenneth Feinberg can seek to renegotiate any pay deemed not in the public's interest but can't forcibly recoup funds, government and banking industry officials told The Associated Press on Monday. Feinberg is to announce the review today, according to the officials, who requested anonymity because they weren't authorized to discuss the plan publicly.

The review is required under the federal law that created Feinberg's position. It will mainly focus on the 2008 pay awarded to five senior executives and the next 20 highest-paid employees at 419 firms that benefited from the $700 billion Troubled Asset Relief Program.

In other news

E-TRADE FINANCIAL CORP. said Monday it has tapped former Citigroup Inc. executive Steven Freiberg to be its new CEO, starting next month. The brokerage firm also plans to ask shareholders to support a reverse stock split, which will lower its total share amount to 400 million.

GOOGLE INC. STOPPED censoring the Internet for China by shifting its search engine off the mainland Monday but said it will maintain other operations in the country. The maneuver attempts to balance Google's disdain for China's Internet rules with the company's desire to profit.