A $42.5 million agreement
The job-discrimination complaint was one of the most ambitious ever brought by the Federal Government Filed by the Equal Employment Opportunity Commission, the ten-year-old proceeding accused giant General Motors (1982 sales: $60 billion) of failing to hire and promote enough women and minority-group members. Last week GM completed seven months of intense negotiations with the agency by promising to spend $42.5 million over five years to increase the representation of women and minorities at all levels of the company. The agreement, which the automaker consented to without admitting to any of the charges, was the largest settlement yet...