School's out: Chicago teachers strike heads into 2nd day

Striking teachers marched in picket lines outside hundreds of Chicago schools on Thursday after their union and city officials failed to reach a contract deal in the nation's third-largest school district, canceling classes for more than 300,000 students for the duration of a walkout that seemed likely to head into a second day.

Chicago teachers' contract talks about more than money

Chicago's public schools will be closed Thursday as the city's 25,000 teachers are set to go on strike . A strike in the nation's third-largest school district would mean no classes for more than 300,000 students. Like most workers threatening to walk off the job, the teachers want a raise. But money is only part of the story.