CNBC business news reporter Jane Wells is based in Los Angeles, where she covers retail, agriculture and defense as well as reports on California's economy, West Coast real estate and Las Vegas. Wells also writes the blog Funny Business for CNBC.com covering a variety of unusual items. Wells came from CNBC's "Upfront Tonight," where she served as a senior correspondent.
Wells joined CNBC in 1996, providing special coverage of the O.J. Simpson civil case for "Rivera Live." Prior to joining CNBC, she was a correspondent for the Fox News Channel and Los Angeles reporter for NBC's flagship television station, WNBC, in New York. Her television news career includes reporter positions with KTTV, Los Angeles; WTVJ, Miami; and KOB, Albuquerque. She has also contributed international reports for CNN.
Wells has received numerous honors for her work, including a 1992 Peabody Award and duPont Award for her role in the live coverage of the Rodney King Trial. That same year, she earned a Los Angeles Emmy Award for her investigative reporting. She also has received UPI, Press Club and Emmy Awards for feature reporting; three Florida Emmy Awards for news reporting; and the Investigative Reporters and Editors Award for team reporting.
Wells holds bachelor's degrees in broadcast journalism and philosophy from the University of Southern California, where she graduated with honors. She and her husband have two children and live in Los Angeles.
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The House Air and Land Forces Subcommittee is holding a hearing today on how the Air Force Tanker selection process went so wrong. Fifteen minutes into the hearing, they had to adjourn to go vote on other matters. But they'll be back.
On Bank of America CEO Ken Lewis' speech on mending the mortgage markets, it turns out Mr. Lewis isn't universally loved.
Here are two clips from Bank of America CEO Ken Lewis' speech today on mortgages. Most importantly he sees no need to cut the dividend or raise capital, but "it is hard to be completely unequivocal about anything." And the second clip shows highlights of his speech.
The Bank of America CEO came to the heart of foreclosure country, to the hometown of Countrywide, to address the mortgage mess. Lewis says BofA wants to help struggling homeowners stay in there homes, but admits he can't help everyone.
Gates is putting Under Secretary John Young in charge of picking a winner, a final blow to the Air Force. But Acting Secretary of the Air Force Mike Donnelly says he fully supports that decision.
I'll be at the Town Hall Los Angeles meeting today where Bank of America CEO Ken Lewis will be speaking on "Mending Our Mortgage Markets." However, it sounds like between the Fed, Congress, and the Great State of California, the mending is being done without BofA.
The word "mortgage" these days conjures up the same feelings as the word "leprosy." So in this era of poor underwriting, mixed with the creative investing brought to you by hedge funds, we have some new companies pitching new products to help homeowners extract the equity from their property without actually taking out a "loan."
Just got back from visiting my sister in Humboldt County, in Northern California, where she was appearing in a community theater production. There is nothing like local theater--the good, the bad, the ugly, and the surprisingly wonderful.
Jordan Belfort, the real "Wolf of Wall Street" is back selling something. This time, however, it's all legal.
Airpnp, based on the very successful Airbnb, is a site that allows people to rent out their bathrooms. Is this for real?
Crest released chocolate toothpaste this month. CNBC asked "experiential consumers" for their thoughts on the products.
The promoter talks politics, how to succeed in business and why MMA is "sophisticated barbarism."
Who is Gotham's "Funniest Person in Finance" -- a trader? a financial advisor? an IT guy? Click ahead to find out!
Former college football coach Barry Switzer has turned a man cave in his Oklahoma home into a base for Coaches' Cabana.
Apeks Supercritical sells an extraction machine for medical marijuana users who prefer consuming oils over smoking the plant.