The "big" Central States pension plan (385,000 participants, $41 billion liability) is a plan for members of the Teamsters union locals in, as its full name implies, the Central States, Southeast ...

But Central States was never able to over-fund and has never been more than 75% funded even at its peak, with its periods of relatively-better funding in the late 90s/early 2000s and in 2008.

The Central States fund is the 37th to be approved for funding by the White House. Before Central States, the two biggest rescues were for just more than $1 billion.

BAE Systems Inc. has launched a restructuring initiative that would impact five business lines and eight divisions that form a $10 billion defense operation.

YORK (AP) — A defense contractor that makes tanks and other fighting vehicles for the U.S. military plans to expand a central Pennsyl-vania plant and add 530 jobs. BAE Systems announced the ...