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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I’m outside IndyMac headquarters all day Monday (or should I say IndyMac Bank FSB), as every depositor in America watches to see what happens when a big bank fails and the FDIC comes in to take over. I feel like a kid again. Back in the ‘80s I was chasing Charles Keating around a federal courthouse and trying to track down then-California Senator Alan Cranston, one of the “Keating Five” (which included John McCain).
The home is called La Leopolda, apparently built by Belgium's King Leopold for his mistresses, but past owners include Bill Gates (wow, that's kind of going from one extreme to another--love lair to, well, Bill Gates' house).
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.
A Long Island law firm has formed a charity, called Senior Dreams, to help grant the wishes of needy seniors.
SideChef, an app designed for amateur cooks, helps teach step-by-step recipe basics to would-be chefs.
The Bay State approved legalized gambling 3 years ago. Come Tuesday, they may reverse that decision.
A website called Beautifulpeople.com has created a mentoring program cheekily called "Adopt an Ugly Person."
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.