CNBC's Phil LeBeau joins 'Closing Bell Overtime'  with breaking news on the Tesla pay package vote.

Austin

Tesla shareholders have voted to approve CEO Elon Musk's $1 trillion pay package, with 75% of those voting in favor. This approval secures Musk's position as CEO, following his prior suggestion that he might leave if the package was not granted.

During the shareholder meeting at Tesla's Gigafactory in Austin, Musk emphasized the company's focus on autonomous technology, robotics, and artificial intelligence. An advisory vote on potential investment in XAI received more support than opposition but included many abstentions, leading the company to continue evaluating the proposal.

Tesla shareholders approve Elon Musk's $1 trillion pay package

Welcome back to Overtime. The votes are in on Elon Musk's pay package at Tesla, Phil. What happened? 75% approved it, John. So Elon Musk will remain a CEO of Tesla. He threatened to leave if he didn't get this pay package approved by the shareholders. 75% voted for it. And now Elon Musk is about to talk at the Tesla shareholder meeting. We know what his message is going to be. The future is all about autonomous, robotics, and artificial intelligence. By the way, on the question of whether or not Tesla should invest in XAI, there was an advisory vote. There was more votes for it than against it, but a number of abstentions. So the company says they will continue to study that before making a decision. And there, as you take a look at the shareholder meeting, not a surprise. You knew that you would see the humanoid robots take some kind of a star turn here because that is the future for Tesla. And Elon Musk now talking with shareholders at the Gigafactory in Austin. Again, guys, his pay package has been approved by 75% of the Tesla shareholders who voted. Overwhelming margin there. The robots are dancing, which maybe represents how Elon feels inside. Phil, thank you.

Israel’s military says it has begun conducting “a wave of strikes” targeting Hezbollah military sites in southern Lebanon.

Tyre

Israel launched ‘wave of strikes’ in southern Lebanon despite truce

Russian President Vladimir Putin ordered his government to submit proposals to potentially resume testing nuclear weapons. This comes after President Trump directed the Pentagon to resume nuclear weapons testing "on an equal basis" with other countries.

Moscow

Putin orders proposals for resuming nuclear weapons testing

The U.S. Supreme Court heard arguments challenging President Trump's authority to impose sweeping tariffs on foreign countries, with justices expressing skepticism about whether such actions fall within presidential powers or infringe on congressional authority over taxation.

Washington

Global Tariffs

Supreme Court justices appear skeptical of Trump's tariffs policies

The US government shutdown is now in its 36th day—a record-breaking length. While both political parties blame each other, the result is being felt by the public. Hundreds of thousands of federal workers are going without pay, and government programs like food benefits have been slashed.

Republicans and Democrats trade blame as shutdown drags on

At least 90 people in the central Philippines have died in floods and heavy rains caused by Typhoon Kalmaegi. 75 others are missing. Tens of thousands have been evacuated after rains flooded homes and streets, swept away vehicles and left people trapped on their roofs.

Manila

Dozens killed as Typhoon Kalmaegi hits central Philippines

President Trump hosted a breakfast for Republican senators at the White House on Wednesday morning, where he urged them to end the filibuster as the government shutdown hits a historical milestone.

Trump doubles down on Republicans as government shutdown makes history

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Louisville

Video shows moment UPS plane crashes in Kentucky, killing nine

People around the world are reacting to Zohran Mamdani's win in the New York City mayoral race against former New York Gov. Andrew Cuomo and Republican Curtis Sliwa. CBS News' Ramy Inocencio spoke to Mamdani's mentor in his native Uganda about the election results.

New York

World reacts to Zohran Mamdani's win in NYC mayoral race

Typhoon Kalmaegi left a trail of destruction in the central Philippines, as the powerful storm unleashed heavy rains and floods across Visayas islands region. It's now headed towards the South China Sea and Vietnam where preparations are underway ahead of its expected landfall.

Visayas

Deadly Typhoon Kalmaegi lashes Philippines, heads towards Vietnam

A centuries-old legislative practice in the U.S Senate is being blamed as the latest roadblock in resolving the federal government shutdown. That shutdown is now in its 35th day—equaling the longest in the country's history.

Filibuster blamed for deepening U.S government shutdown

Injuries have been reported after a UPS plane crashed near the Louisville International Airport on Tuesday, officials said.

UPS plane crashes near airport in Kentucky, officials say

The U.S. Senate's 14th vote on a House-passed continuing resolution to fund the government has failed, setting up the shutdown to become the longest ever in American history.

Senate vote fails again to reopen government

A new UN report reviews the gap between countries’ climate commitments and global emissions targets.

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Peru has severed diplomatic relations with Mexico after learning that former prime minister Betssy Chávez, accused of helping ex-president Pedro Castillo attempt a coup in 2022, has taken refuge in the Mexican embassy in Lima.

Lima

Peru cuts ties with Mexico over asylum for ex-prime minister

Former U.S. Vice President Dick Cheney has died at the age of 84. He was a major force in the Republican party for more than 30 years and served as vice president under former President George W. Bush.

Former U.S. Vice President Dick Cheney dies at 84

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Al Fashir

United States working to secure a humanitarian truce in Sudan

The Trump administration says it will restart the Supplemental Nutrition Assistance Program, but will only pay half the amount people usually get. The move comes after two federal judges ruled that freezing payments for the U.S.'s biggest anti-hunger program is unlawful.

Trump administration will partially restore food benefit funding

Manufacturing giant Kimberly-Clark is set to acquire Kenvue, the maker of Tylenol, for $48.7 billion. CBS News MoneyWatch correspondent Kelly O'Grady has more details.

Kimberly-Clark to buy Tylenol maker Kenvue for nearly $50 billion

Russia said on Monday that its troops had advanced in the eastern Ukrainian city of Pokrovsk, a transport and logistics hub that they have been trying to capture for over a year, but Ukraine said its forces were holding on.

Pokrovsk

Ukraine Invasion

Ukraine sends special forces to Pokrovsk

Israeli police have arrested a former military prosecutor after she leaked a video appearing to show soldiers abusing a Palestinian detainee. Major General Yifat Tomer-Yerushalmi was detained overnight on Monday following a scandal that erupted after she leaked a video, resigned and then disappeared.

Jerusalem

Middle East Conflict

Israel arrests ex-army lawyer over leaked video showing abuse

U.S. President Donald Trump told 60 Minutes he thinks Venezuelan President Nicolas Maduro's days are numbered amid the U.S. striking another boat in the Caribbean allegedly transporting drugs.

Trump sounds off on Venezuela's Maduro as deadly boat strikes continue

A mayor in Mexico's western state of Michoacan was shot dead in a plaza in front of dozens of people who had gathered for Day of the Dead festivities, authorities said. Local politicians in Mexico are frequently victims of political and organized crime violence.

Michoacán

Mexican mayor killed during Day of the Dead celebrations

A 6.3-magnitude earthquake struck near the northern Afghan city of Mazar-e Sharif early on Monday, killing at least 20 people, injuring hundreds and damaging the city's historic Blue Mosque, authorities said, with the death toll likely to rise.

Mazar-i-Sharif

Deadly earthquake rocks northern Afghanistan

More than 200,000 people are expected to attend the Los Angeles Dodgers' victory parade on Monday after they won the World Series over the weekend. The Dodgers defeated the Toronto Blue Jays in 11 innings in Game 7 to become the first team in 25 years to win back-to-back World Series.

Los Angeles

Dodgers to hold championship parade after World Series victory

A 32-year-old man suspected of carrying out a bloody stabbing on a United Kingdom train is facing at least 10 criminal charges. CBS News' Ramy Inocencio has the latest.

London

UK train stabbing spree suspect faces attempted murder charges

Hamas handed over bodies of three hostages on Sunday (November 2), even as the Palestinian militant group traded blame with Israel for violations of the tenuous truce that has mostly halted two years of war.

Breakdown