A FedEx aircraft aborted landing to avoid a Southwest Airlines passenger jet that was mistakenly cleared for the same runway

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Southwest planes at Austin Bergstrom International Airport
The Southwest Airlines plane was bound for Cancun, Mexico.

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FedEx is laying off more than 10% of managers in a cost-cutting crusade. Read the full memo from the CEO.

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A person carrying strofoam and cardboard walks down the sidewalk past a FedEx delivery truck
After frantically cutting costs for the last several months, FedEx announced it's laying off about 10% of its officers and directors.

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