The PBGC will take over two of the Kansas aircraft-maker's retirement plans, and will continue a retirement pension plan for hourly workers.

The Arkansas Teacher Retirement System hopes to invest $60 million in the $1 billion Big River Steel LLC mill planned for Osceola, officials announced Wednesday.

UPS said that it lost $1.75 billion in the quarter because of a $3 billion charge for pension liabilities, compared with a profit of $725 million a year earlier.

Just as President Barack Obama is pushing new initiatives on gun control and immigration, the gloomy old problem of a sluggish economy is elbowing its way back into prominence. Consumer confidence is falling, the economy is contracting and large automatic spending cuts are threatening to hit the Pentagon and other...