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If conventional wisdom, does it say this could get worse? i was with president 41, george h.w. bush, the day that kim il song died 17 years ago at kennebunkport with the general and a bunch of ceo's and they were concerned about their international companies and the business, what was going to happen. they decided that morning no matter how bad kim il sung was, that kim jong il was probably to get worse. how much worse can it get that people are starving to tet and all the money is being given to the military to have the second or third largest standing army in the world. could it get worse? >...

but israeli wants new negotiations with him and the u.s. is threatening to move his move in the security council. in britain murdoch news international, the publisher of the defunct "news of the world" is negotiating a settlement with the family of a murdered teenager. those are the headlines. from cnn, the world's news leader, i'm zain verjee and "world business today" starts now. good morning from cnn london. i'm nina dos santos. >> and a great afternoon from you, i'm manesha tank. this is "world business today" and these are your top stories. the global showdown and prada prof...

Welcome back. with the first wave baby boomer generation hitting 65 this year, that means more than 10,000 baby boomers are reaching retirement age every day. but boomers are anything but traditional, and are proving age is nothing but a number. in our special coverage of the baby boomer generation, cnn finds evidence in japan that the baby boomers are actually on to something. >> reporter: this 69-year-old greets his co-workers at the office, but not as the high-powered executive he once was. this is your desk now. >> yes, my desk. >> reporter: front desk, as in reception at a community cente...

Thousands a year running one of the poorest communities in the entire los angeles area. well, those officials are heading to court this hour to hear the evidence against them. this is the first day of hearings to decide if they should stand trial on corruption and other charges. florida, biologists are trying to figure out what caused thousands of fish to die at a state park, and here's what they think. too many fish are crowding together at the shore. they are using up all the oxygen in the water so this type of fish, it turns out, is prone to dying from low oxygen. washington state. a br...

Even if the company was led to failure, could get away with tens of millions of dollars in payouts. it is likely to be a very different situation for tony hayward. here's what hoffmeister told me this morning. >> these packages are really carefully scrutinized in the u.k. you know, i worked there for about eight years as part of shell's organization, and the british people, the british press, they really carefully scrutinized, and i think boards in the u.k. as well as the rest of europe are pretty straight forward on the separation packages. tease are not as generous as people might see in the...