Transcript: Nightly Business Report – September 8, 2017

ANNOUNCER:  This is NIGHTLY BUSINESS REPORT with Tyler Mathisen and Sue
Herera.

TYLER MATHISEN, NIGHTLY BUSINESS REPORT ANCHOR:  Prepping for Irma. New warnings for Florida tonight as the disruptive hurricane makes its way toward the Sunshine State.

SUE HERERA, NIGHTLY BUSINESS REPORT ANCHOR:  Massive breach.  Equifax
(NYSE:EFX) says about half of the U.S. adult population could have had
their personal information compromised.  What should you do next?

(BEGIN VIDEO CLIP)

MORGAN BRENNAN, NIGHTLY BUSINESS REPORT CORRESPONDENT:  How real is the
insider threat?

UNIDENTIFIED FEMALE:  I think that is probably one of our top concerns.

(END VIDEO CLIP)

MATHISEN:  Our cameras were there when an airport employee was arrested in
a security breach, giving you an exclusive look at the big business of
security at one of the country`s busiest terminals.

Those stories and more tonight on NIGHTLY BUSINESS REPORT for Friday,
September 8th.

HERERA:  Good evening, everyone.

Officials are ramping up their warnings about Hurricane Irma.  President
Trump in a tweet said get out of its way if possible.  Florida`s governor
pleaded with residents within the state`s evacuation zone to leave their
homes.  The head of FEMA today said Irma will be devastating to the United
States.

The hurricane is set to strike this weekend.  Economic forecasters say its
impact could prolong the slowdown in the U.S. economy, which is still
digesting the impact of Hurricane Harvey which hit Texas and the heart of
the country`s energy industry about two weeks ago.

Tonight, Jackie DeAngelis is in Fort Lauderdale where people are making
last-minute preparations.

(BEGIN VIDEOTAPE)

JACKIE DEANGELIS, NIGHTLY BUSINESS REPORT CORRESPONDENT (voice-over):
Residents of south Florida are streaming north and the highways are packed
with cars.  Those leaving or rushing to fuel up, gasoline shortages are
being reported as far north as Tallahassee, even Georgia.

UNIDENTIFIED FEMALE:  Here they are.  We packed up our five cats and a dog,
and we`re driving up the west coast and wherever it takes us.  You know,
right now, we have been trying to get a hotel, there`s no hotels anywhere.

DEANGELIS:  But some have decided to hunker down and stay put despite
warnings from officials to evacuate ahead of the hurricane that has already
wreaked havoc in the Caribbean.

UNIDENTIFIED MALE:  I`m a really scare about this storm.  This is a little
bit different this time.

DEANGELIS (on camera):  Then why`d you decide to stay?

UNIDENTIFIED MALE:  Yes, I would like to stay, I`d like to help the people
after the storm.

DEANGELIS (voice-over):  It`s not just the highways.  Some residents booked
flights to get out of town.

(on camera):  So, what`s your experience at work been with respect to the
storm?

LORENZO FRANCIS, FLORIDA RESIDENT:  Well, pretty much it`s been like mostly
people going out.  No one`s coming in.

DEANGELIS (voice-over):  Those who are staying are nervous, but they`ve
tried to take necessary measures to ensure safety.

LINDA DARDEN, FLORIDA RESIDENT:  I`ve done all I can do and at this point
we made all the right decisions about how to prepare and I just really got
great faith in God that he`s going to take care of this situation for us.

DEANGELIS (on camera):  As the storm gets closer, many businesses are
closing shop, including mom and pops and also the large retail chains.  But
those who are staying put are hoping for the best.

For NIGHTLY BUSINESS REPORT, I`m Jackie DeAngelis, in Fort Lauderdale,
Florida.

(END VIDEOTAPE)

MATHISEN:  Florida is not the only state in a state of emergency.  Ahead of
Irma, Georgia`s coast is also in the path of the storm and that puts one of
the nation`s biggest shipping ports at risk.

Diana Olick reports tonight from the port of Savannah.

(BEGIN VIDEOTAPE)

DIANA OLICK, NIGHTLY BUSINESS REPORT CORRESPONDENT (voice-over):  The
containers are going up and on as quickly as possible more than 4,000 on
this ship alone.  They have to get on so they can get out to sea and
relative safety, billions of dollars worth of international commerce are at
stake.

GRIFF LYNCH, EXECUTIVE DIRECTOR, GEORGIA PORTS AUTHORITY:  We are a gateway
to the Southeast.  So, all the states in the Southeast we`re servicing
through imported goods and exported goods, and very important total impact
of about $84 billion a year for the Southeast.

OLICK:  The port of Savannah is the fourth largest shipping container
facility in North America by volume, but the largest by acreage and that
makes shoring it up an enormous task.

LYNCH:  The most difficult thing is tying down these massive cranes behind
me.  There are ship-to-shore cranes about 1,400 tons.  They have hurricane
tie-downs built into the crane and we have tie-downs built in the dock as
well.  So, the team has to go down and tie each crane down, 26 of them, and
that`ll take several hours.

OLICK:  The port must be fully secured by Saturday morning as the Coast
Guard will close down the channel by midnight Saturday night.  The
companies that move goods in and out of here like Target (NYSE:TGT), Amazon
(NASDAQ:AMZN), Caterpillar (NYSE:CAT) and Home Depot (NYSE:HD) to name a
few we`ll just have to wait until the 1,200 or so workers get the all-clear
to come back.

(on camera):  After Hurricane Matthew last year, it took this port nearly
two months not just to become fully operational but to catch up with all
the commerce.  Clearly, it is the economic engine for much of the state of
Georgia.

For NIGHTLY BUSINESS REPORT, I`m Diana Olick in Savannah.

(END VIDEOTAPE)

HERERA:  In Washington, President Trump signed into law a $15 billion
disaster aid package, which also extends the government funding and the
federal borrowing limit for three months.  The House passed it earlier
today and came despite objections linking the emergency funding to a
temporary increase in the country`s borrowing authority.  It is the first
piece of an aid package that some say could rival or maybe even exceed the
$110 billion dollar federal response which followed Hurricane Katrina.

MATHISEN:  Meantime on Wall Street today, it was a mixed finish for stocks.
The Dow Jones Industrial Average rose 13 points to 21797, NASDAQ dropped
37, and the S&P 500 was off three.  All the indexes were lower for the week
on concerns about the weather impact, tensions with North Korea and other
issues.

HERERA:  As we reported yesterday, a massive breach at credit reporting
company Equifax (NYSE:EFX) has exposed the personal information of nearly
half of the adult U.S. population.  Today, shares came under pressure
falling more than 13 percent.  This as scrutiny of the company`s ramping
up.  The House Financial Services Committee will hold a hearing on the
issue as other lawmakers and consumers are demanding some answers.

Aditi Roy has the story.

(BEGIN VIDEOTAPE)

ADITI ROY, NIGHTLY BUSINESS REPORT CORRESPONDENT:  Gabriel Gastelum (ph) is
worried.  He owns a home, a car and uses credit cards.  That makes him a
likely victim of the Equifax (NYSE:EFX) cyberattack.

UNIDENTIFIED MALE:  This is supposed to be a company that supposed to help
you when issues like that come about, and if the people who are trying to
help you, are supposed to help you, are the ones being hacked, then what do
you do after that?

ROY:  Equifax (NYSE:EFX), one of the top three credit reporting companies
in the country, says 143 million Americans or nearly half the country might
have been impacted.  The information access includes names, Social Security
numbers, birth dates, addresses and in some cases driver`s licenses.

Two hundred and nine thousand credit card numbers were breached.

MATT DEVOST, ACCENTURE SECURITY MANAGING DIRECTOR:  That makes it one of
the largest, if not the largest breaches of PII or personally identifying
information that we`ve seen to date.

ROY:  Adding to the outrage, news that three of the company`s executives
sold nearly $200 million of Equifax (NYSE:EFX) shares days after the
cyberattack was discovered.  The company claims those executives did not
know about the breach when they sold the shares.

Equifax (NYSE:EFX) has set up a toll-free number and Website dedicated to
customers who may have been impacted.  On it, a message from CEO Richard
Smith.

RICHARD SMITH, CHAIRMAN & CEO, EQUIFAX:  I deeply regret this incident and
I apologized every affected consumer and all of our partners.

ROY:  But one class-action suit has already been filed and the New York
attorney general has launched a formal investigation.  And the House
Financial Services Committee just announced it will hold a hearing on the
issue.

Meantime, experts recommend consumers lock their credits so they`ll be
alerted if anyone tries to open a credit card in their name. Also, create
an online profile with the IRS, so no one uses your Social Security number
to create a fake one, and change passwords for your online profiles.

Gastelum (ph) worries it might be too late to protect himself.

UNIDENTIFIED MALE:  We don`t have a choice.  Equifax (NYSE:EFX) is one of
the leading credit score providers and we don`t have a choice.  Have we had
a choice, and, you know, I wouldn`t use it.

ROY:  Already, analysts estimate the cost of the breach could reach $300
million, similar in scale to the Target (NYSE:TGT) or Home Depot (NYSE:HD)
breaches.  And in yet another twist, a source tells me the company Website
that was created to help customers who may be impacted also has security
issues.

For NIGHTLY BUSINESS REPORT, I`m Aditi Roy, San Francisco.

(END VIDEOTAPE)

MATHISEN:  Let`s turn now to Tim Maurer to discuss what you should be doing
to protect your finances, your privacy.  He`s director of personal finance
at the BAM Alliance.

Tim, this is a mess.  As Aditi just pointed out, obviously, the main system
there was breached.  There may be issues involving the sort of follow up,
how to help yourself when you`ve been affected by this.

Tell me what I should do if I suspect I have been one of the people, the
140-some million people who has — whose information may have been
compromised here.  It`s already done.  Somebody`s already got it.

TIM MAURER, DIRECTOR OF PERSONAL FINANCE, BAM ALLIANCE:  Yes.  Tyler, they
got a ton of information too.  And it looks actually like they may have
gotten mine.  Of the four people in my family I think I was the one who was
affected unfortunately.  So, now, they`ve got my driver`s license
information, my Social Security number, and probably my favorite beer.

It`s amazing how much information they got.  But they are not holding all
the cards, the hackers still don`t have your passwords and your PIN
numbers.  So, you should immediately go to your banks and financial
institutions and change those passwords because that should be information
that the hackers don`t have.

I also recommend letting your bank and your brokerage firm and any other
financial services companies know if you do determine that you were one of
the hacked in the Equifax (NYSE:EFX) situation.

MATHISEN:  How do you know?  How did you find — how did you find out that
you work?

HERERA:  Right.

MAURER:  Well, I went on to that Website that you`re now saying might be
involving some lack of security and fraud in and of itself, but I went
directly to that Website.  I followed the process that Equifax (NYSE:EFX)
asked me to do and they gave me the information that I may have been
hacked.  It said that the other three members of my family had not been
affected.

HERERA:  So, Tim, there is a lot of different recommendations that are out
there.  You said, change your password, change your pins.  There are a
number of experts who are recommending freezing your credit, but there`s a
big discussion about how easy that is to do and what the implications are
once you have frozen your credit.

MAURER:  Sure.  It may not be particularly easy because it`s different on a
state-by-state basis and it may even be different within your state based
on each of the three credit bureaus.  But it is the strongest form of
locking down your credit.  Now, let me be clear, it doesn`t mean that
people cannot hack or defraud you.  It just means that you`re likely to get
notification faster if you frozen your credit.

MATHISEN:  How do you do that?  What does that mean?  Do you call the
credit agency and say, I don`t want anybody accessing my credit report and
trying to open an account for me, or what?  What does that mean?

MAURER:  Yes, each of the agencies will have their own process.  If you
call them directly, they`ll direct you either to something on an online
form or you can`t even do a handwritten form if you would prefer that.

One of the big challenges we see though, guys, is that if you want to use
your credit in the near term, you don`t necessarily want to freeze it.  But
I have been told that every single one of us should be freezing our minor
children`s credit reports.  And so, that`s something that I`m currently
undertaking for my 11 and 13-year-old.  They actually have a credit report
which is kind of scary to begin with.  Because they don`t have any credit,
we know if they`ve had any activity on those, it`s definitely fraudulent.

MATHISEN:  That`s a topic for another day, why children would have credit
files on them.  But at any rate, we do have to leave it there.  Tim,
continued good luck.  I hope nobody hacks you.  Tim Maurer with BAM
Alliance.

Still ahead: did you know this?  I bet you didn`t know this.  It`s 401k
Day.  Find out if you`re making the most of your retirement options.

(MUSIC)

HERERA:  Today is National 401k Day, and that`s a day designed to remind
the nearly 55 million Americans enrolled in a company sponsored retirement
plan to check in on their retirement savings.

Sara Holden joins us.  She is senior director of retirement and investor
research at the Investment Company Institute, and she joins us here on the
set to talk about that.

Welcome.  Nice to have you here.

SARAH HOLDEN, SENIOR DIRECTOR OF RETIREMENT & INVESTOR RESEARCH:  Thank
you.  Thanks so much for having me.

HERERA:  So, it`s National 401k Day.  What is the first thing?  If you do
decide to check in on how your plan is doing, what should you be looking
for?  What should you be checking?

HOLDEN:  Well, the first thing you want to do is check your contribution
levels, because out of participants are in plans where the employer puts
money into their account but in many cases, the employer only puts money in
if you put money in yourself.  So, you want to be sure that you are
contributing at least enough to get that employer match, because otherwise,
you are literally leaving money on the table.

The other thing you might want to do is if you`ve been enrolled for a while
and you haven`t revisited the account, maybe you were young when you first
set up your contribution rate.  Typically, people increase their
contribution rate as they get older or they sign on to auto increase so it
happens for them.  And that way, as you`re moving away from saving for a
house and education, you can focus more on retirement saving.  You actually
increase your contributions.

And the other big milestone is when you turn you can take advantage of
catch-up contributions, which means you can put in even more to build that
nest egg now that you`re really focused on retirements.

MATHISEN:  What are the limits?  Do you have them on the top of your head?
I don`t mean to put you on the spot here.

HOLDEN:  Yes, sure.  So, 401k, plan for the individual to put in on a pre-
tax basis is $18,000, and then if you`re over 50, or if you`re older, you
can put in another $6,000.

MATHISEN:  It looks like you`re speaking to me.  It looks like you`re
speaking to me, Sarah.

HERERA:  Perhaps both of us, Ty.

(LAUGHTER)

HOLDEN:  You don`t need to go into this right now.

HERERA:  That`s OK.  We`re very honest with the viewers.

Are you finding that most people are — in your research, most people are
fully utilizing the tools available to them to build their 401k?  Or do
they kind of check off the boxes and then they don`t revisit it very often?

HOLDEN:  Yes, I think that we`ve had a lot of planned design change over
time so a lot of things to make things automatic, which makes it easier to
get people on that path.  And so, the risk is, you go on that path, you
don`t go revisit it.  It really is important to revisit it.

So, for example, the investment options may have changed over time.  The
typical plan today has more than 20 investment options as your choices.
Now that your employer has set this up as a benefit for you, there`s
typically 10 different equity fund choices.  So, there can be index and
foreign and domestic.

And you want to be sure that you`ve looked at the investments that you`ve
got your money and to see if you`ve taken advantage of all the options that
are currently there.

MATHISEN:  Quick answer here.  One of the attractions has been is that this
is pre-tax money.

HOLDEN:  Yes, indeed.

MATHISEN:  There is some talk on the Hill and ICI has their finger on the
Hill, that that tax advantage may be taken away as part of tax reform.
What are you hearing?

HOLDEN:  So, well, in general, we`re in favor of simplifying, you know, the
tax code.  But it really cannot be done on the backs of these retirement
savers.  These tax incentives have encouraged millions of Americans to save
for retirement, and we`ve actually done surveys of U.S. households and even
people who don`t have an account today say, don`t take away these tax
incentives these tax incentives are so important.

HERERA:  Sarah, thank you very much.  Appreciate it.

MATHISEN:  Happy 401k Day, Sarah.

HOLDEN:  Same to you.

HERERA: Sarah Holden with the Investment Company Institute.

MATHISEN:  All right.  Investors took a bite out of Kroger (NYSE:KR) shares
and that`s where we begin tonight`s “Market Focus”.

Growing competition caused the supermarket operator to slash prices in the
latest quarter and that ate into results.  It also suspended its long term
earnings guidance.

Shares of Kroger (NYSE:KR) down 7-1/2 percent to $21.06.

Another retailer lowering its prices now is Target (NYSE:TGT).  In a blog
post, the company said it has cut prices on thousands of items, including
baby formula, paper towels.  The news concerned investors about the health
of Target`s profit margins.  So, as you might expect, shares tumbled.  They
were down nearly 2 percent on the session at $57.27.

HERERA:  A federal judge has sided with Apple (NASDAQ:AAPL) in its royalty
patent lawsuit against Qualcomm (NASDAQ:QCOM).  The judge rejected
Qualcomm`s request to dismiss the suit.  Earlier this year, Apple
(NASDAQ:AAPL) sued Qualcomm (NASDAQ:QCOM), alleging that the chip maker
demanded unfair licensing terms.  Shares of both Apple (NASDAQ:AAPL) and
Qualcomm (NASDAQ:QCOM) fell more than 1 percent.

And analysts at Cowen slapped a cell rating on Chipotle, saying the company
is struggling to win back consumers.  The analysts also questioned that the
chain`s planned price increases over the next few quarters.  Chipotle
shares fell more than 5 percent to $300.03.

MATHISEN:  And now to our weekly market monitor betting on the economy.  He
likes stocks he says will benefit from economic growth in the U.S. and
Europe.

Mark Luschini is chief investment officer at Janney Montgomery Scott.

Mark, it`s been a very busy news day, so we`re going to go straight to your
stock picks here, leading off with an ETF that goes under the ticker ITB.
What shares does it invest in?  Why do you like it?

MARK LUSCHINI, CIO, JANNEY MONTGOMERY SCOTT:  Absolutely, Tyler.  It`s
homebuilders and we`re constructive on the U.S. economy.  The consumer were
particularly bullish about, and we know that the demographic trends are
very supportive for the household formation, which is going to lead
ultimately to home buying, and as a consequence, we think this wall is done
well and it`s certainly a mature cycle at this juncture has a much more
longer run way to go.

HERERA:  All right.  Mark, let`s move on to Legg Mason (NYSE:LM).  You
think it`s a potential candidate for an acquisition.

LUSCHINI:  It is.  There`s been a lot of consolidation in the industry,
Sue.  Obviously fie pressure is forced money managers to come together for
economies of scale purposes.  Legg Mason`s a beneficiary of asset growth
that`s occurring not only in the U.S. but around the world, as obviously
equity prices have inflated.  And at the same time, though, it may stand to
benefit from being acquired by a larger operator who`s once again looking
for economies of scale.

MATHISEN:  And we mentioned at the top that you like some European equities
and your third choice is another ETF that goes under the ticker EUSC.  I
gather that means small caps.

LUSCHINI:  It is at that, Tyler.  The fact is Europe is growing at above
trend rate.  Last year, it grew faster than the U.S. for the first time
since 1998.  We like the tailwind, their monetary accommodation remains
very vibrant and, of course, as it relates to their domestic economy,
unemployment continues to trend down, not unlike here in the United States.

So, small caps that are more domestically oriented are going to stand to
benefit from a much better consumer that`s obviously growing along with the
eurozone economic activity.

MATHISEN:  Your first pick was that homebuilder ETF.  Is there any storm
impact positive or negative on that index because of Hurricane Irma?

LUSCHINI:  Certainly, there was a threat early on, particularly related to
those home builders they have large exposure in and around the Texas
region.  But ultimately, obviously, through the rebuilding process, there`s
going to be an uptick in activity as a result of it.  So, I think in the
aftermath, we`re going to see obviously housing-related activity resumed
back to trend.

MATHISEN:  All right.  Mark, thanks very much.  Have a great weekend.

LUSCHINI:  Thank you.

MATHISEN:  Mark Luschini, Janney Montgomery Scott.

HERERA:  Coming up, our cameras were there when teams of police officers
fanned out across one of the nation`s busiest airports to protect you from
what they consider a serious threat.

(MUSIC)

HERERA:  Hartford, Connecticut, is warning that it could file for
bankruptcy.  The mayor of the state capital says the city will be unable to
meet its financial obligations in about 60 days without state aid.  Aid for
the city is tied to the state budget, which lawmakers have been unable to
agree upon for the fiscal year that began July 1st.  Hartford is asking for
about $40 million.

MATHISEN:  Well, from TSA screening to security you don`t see, protecting
the public at U.S. airports is big business.  Today, airports around the
country confront what`s known as the insider threat, the people who
actually work at the airports.

In the second part of a NIGHTLY BUSINESS REPORT exclusive, Morgan Brennan
goes behind the scenes with police looking at everything from random
employee checks to counting sharp knives used at terminal restaurants.
It`s all taking place at LAX, Los Angeles International, the second busiest
in the country.

(BEGIN VIDEOTAPE)

BRENNAN (voice-over):  We are behind security, inside hidden passageways at
Los Angeles International Airport where the public isn`t allowed.  A multi-
agency police operation is focusing on the people who work at the airport
itself, to find anyone deemed an insider threat.

LT. HENRY ACOSTA, LOS ANGELES AIRPORT POLICE:  When we worked this detail,
we have a zero tolerance.

BRENNAN:  Zero tolerance means something small could turn into something
big.

(on camera):  When you look around this terminal, what are you seeing?

ACOSTA:  I`m looking around for an opportunists that are taking — that are
preying on the travelers, but mostly, I`m looking for some kind of criminal
element, something that sticks out, that needs to be looked at a little bit
more.

BRENNAN (voice-over):  It all starts at 9:00 a.m. in a briefing room at the
Aviation Police Department headquarters.

CAPT. TYRONE STALLINGS, LOS ANGELES AIRPORT POLICE:  This is the only task
force of his kind that does an operation like this in the nation, and any
major airport.

BRENNAN:  As teams of officers prepare to head out, Captain Tyrone
Stallings tells us there`s a clear game plan.

(on camera):  What do you expect to see today?

STALLINGS:  Well, we usually want to see a show of force, uniforms, high
visibility in a certain specific area, and also, we want to address the
insider threat.

BRENNAN (voice-over):  The operation has begun.  We see highly visible
officers armed with rifles, as we ride up the escalator with Lieutenant
Henry Acosta in the international terminal.  And it doesn`t take long for
something to happen.

ACOSTA:  OK, we`re on our way to gate 134.

BRENNAN:  As we navigate elevators and restricted passages, we eventually
wind up on the airfield.  Police are questioning this ramp worker pulled
over after a random ID check.  It turns out the employee has an active
warrant for a pending DUI case.  He`s going to be arrested and likely lose
his job.

(on camera):  It seems like the other employees have been watching very
closely what`s going on, too.

ACOSTA:  They do.  They do.

BRENNAN:  Imagine where it`s spreading.

ACOSTA:  Probably the first hour we set up and we started doing everything,
they were texting, phoning the other employees, hey, the police are out
here.

BRENNAN (voice-over):  To get an airport ID badge, all 54,300 employees
undergo criminal background check and get fingerprinted.  But the random
reviews keep track of whether someone`s record has changed.

Elsewhere, TSA officers are conducting their own surprise searches of
employees.  LAX is so serious about the issue, it employs two intelligence
analysts the sole job is to look for any and all threats.

Anthony McGinty and Michelle Sosa were hired three years ago, the first of
their kind to work directly for an airport.  Their intelligence gathering
extends beyond the passenger terminals, to cargo areas around LAX, the
fifth busiest in the country with about 2.2 million metric tons passing
through each year.  Items from iPhones to international mail loaded on and
off planes and shipped worldwide.

(on camera):  How real is the insider threat?

MICHELLE SOSA, SENIOR INTELLIGENCE ANALYST:  I think that is probably one
of our top concerns and we briefed that to the stakeholders, the airline
security managers, and they`re all aware.  I mean, everybody is aware of
this, and I think it goes hand-in-hand with some of the criminal activity
that you may see at airports that we pay attention to.  If somebody is
trying to smuggle both cash or drugs, they`re getting paid to put something
on an aircraft, and that the concern is when are they going to know that
it`s a bomb and not drugs that they`re being asked to put on board.

ANTHONY MCGINTY, SENIOR INTELLIGENCE ANALYST:  The TSA has been very good
its securing above the wing but oftentimes below the wing and what goes on
around the airplane and people have access to airplane.  And in many
versions, that`s what we`re kind of worried about.

BRENNAN (voice-over):  Even what appeared to be potential low-level threats
are routinely monitored.  Our cameras captured this inspection of knives at
a steak house in the international terminal.

SEAN FOLEY, LOS ANGELES AIRPORT POLICE OFFICER:  And I just need to go
inside the kitchen and look at the knives that are currently outstanding
right now.

BRENNAN:  In the kitchen, the knives are all where they should be a process
that takes only a few minutes.

FOLEY:  Great.  Looks like all the knives that are checked out are all
accounted for.

BRENNAN:  Officer Sean Foley says every single restaurant employee is
trained about properly keeping track of cutlery.

FOLEY:  It`s a pretty daunting process for us, but it`s a very important
process.

BRENNAN:  And as the police operation into insider threats is winding down,
Lieutenant Acosta reflects on that very issue on everyone`s mind, safety.

(on camera):  Knowing what you know about how an airport like LAX operates,
is it hard to think about getting on a plane or traveling or just knowing
the threats that could be out there?

ACOSTA:  Me personally, no, no.  You`re safe boarding an aircraft and
flying it here safely.

BRENNAN (voice-over): For a NIGHTLY BUSINESS REPORT, I`m Morgan Brennan.

(END VIDEOTAPE)

MATHISEN:  They check the cutlery in the restaurants.  That is detail.

You can read more about security at LAX on our Website, NBR.com.

HERERA:  And that is NIGHTLY BUSINESS REPORT for tonight, I`m Sue Herrera.
Thanks for joining us.

MATHISEN:  And I`m Tyler Mathisen.  If you`re in the path of the storm,
stay safe.  Have a good weekend, everybody else, and we`ll see you back
here safely on Monday.

END

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