Three of the four major wireless companies are out with new plans for those who want the latest smartphone sooner. The plans, with names like Verizon Edge and AT&T Next, essentially let you rent a phone for six months or a year and then trade it in for a new one — but there's a catch.
"You're paying essentially twice," says Avi Greengart, who is research director for consumer devices at Current Analysis and does some consulting for the industry.
The Chicago Public Schools system is again in the spotlight after announcing late Thursday that it will lay off more than 2,100 employees — nearly half of them teachers. The laid-off educators account for 4 percent of the system's faculty, reports the Chicago Sun-Times.