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Photo: Scott Heins/Getty Images

Chicago Public Schools and the Chicago Teachers Union failed to reach an agreement Thursday after a week-long strike, leaving classes canceled again Friday in the nation's 3rd largest school district, per the AP.

The big picture: Nearly 25,000 members of the union went on strike Oct. 17 over issues including class sizes and school staffing. Both sides say they've made progress, but have not yet reached a resolution.

  • Classes were cancelled for more than 300,000 students in the Chicago area, possibly rendering a slew of student athletes ineligible to compete in upcoming state competitions.

Go deeper: Unions shrink fast in swing states

Go deeper

Behind GameStop's latest stock surge

Illustration: Aïda Amer/Axios

Back in focus: The meme stock trade.

By the numbers: GameStop finished up 19%, after a wild day that saw shares spike as much as 80%.

AT&T spins off U.S. video business via deal with TPG

Photo: AaronP/Bauer-Griffin/GC Images

AT&T is spinning off three of its video services, including its satellite TV brand DirecTV, to create a new standalone video company called New DIRECTV.

Details: The company will be jointly owned by AT&T and private-equity giant TPG. AT&T will retain a 70% stake and TPG will own 30% of the firm.

Updated 1 hour ago - Sports

Ex-USA Gymnastics coach dies by suicide after being charged with human trafficking

John Geddert. Photo: AFP via Getty Images

The body of John Geddert was found on Thursday, just hours after the former USA Gymnastics coach was charged with 24 counts of criminal misconduct, according to Michigan Attorney General Dana Nessel.

What they're saying: “My office has been notified that the body of John Geddert was found late this afternoon after taking his own life. This is a tragic end to a tragic story for everyone involved," Nessel said in a statement.