California loses 'Race'

California students will miss out on $700 million in education grants after finishing among the losing states in the second round of the federal "Race to the Top" contest, U.S. Department of Education officials announced Tuesday. Connie Llanos in the Daily News,.

Los Angeles Unified could have come home with $120 million from the contest, which aims to reward states with reform-minded teachers unions and administrators.

Department of Education officials said detailed explanations for picking the 10 winners, including the District of Columbia, Massachusetts, New York and Ohio, would be released Wednesday.