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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This weekend I saw two Hare Krishnas on the side of the 405 freeway trying to get their old, broken down Chrysler K-Car convertible to work. Only in LA. Readers flooded the Funny Business email with responses to my overpriced Jaguar oil change.
The best marketing is the kind that provides a company huge bang for no buck at all. Tell everyone you'll give your product away for free if something impossible happens--like the Giants winning the Super Bowl--and then sit back confidently that you'll never have to pay up.
You've probably heard that Tata Motors--producer of the least expensive new car on the planet, the $2,000 Nano--is buying Jaguar. I always wanted a Jag. Even when people joked that you needed to own two because one was always broken down, I wanted one.
Things you don't think about. China has been accused of dumping a lot of products on the U.S. at discounted prices, undercutting domestic producers. Apparently no product is too insignificant to start a trade war. Not even coat hangers. You could argue China is taking the U.S. hanger industry to the cleaners.
Washington Mutual has started a new billboard campaign (see images). "Whoo-hoo!" has folks in its hometown of Seattle asking "Whoo-what?" "Whoo-why?" Even aside from the question of what it means ("You're upside down in your mortgage? Whoo-hoo!"
Check out the link to REDC, a major auction site for foreclosures. The site recommends that people buying foreclosed homes get financing through Countrywide. Of course, some of the homes being auctioned are no doubt foreclosures owned by Countrywide.
It seems that if you want to create a space tourism business, your name has to start with a "B": Branson (Virgin Galactic), Bezos (Blue Origin), or Bigelow (Bigelow Aerospace). I guess they start with "b" because they're all billionaires.
One of my favorite websites is www.bornrich.org. It has all kinds of wacky items people who used to own Bear Stearns stock--back when it was $159 a share--could afford. One of the things BornRich recently highlighted was a Swarovski crystal fireplace, for $24,000.
I'm back from vacation, and here's one thing I learned: teaching your kids to drive is a little easier, but a lot more stressful, than potty training ever was. I also spent time at various Starbucks, where I noticed the help was decidedly more talkative.
A website called Beautifulpeople.com has created a mentoring program cheekily called "Adopt an Ugly Person."
Hormel has created a custom motorcycle that runs on 100 percent refined bacon grease.
Love Cloud Vegas is an airline where people pay to go airborne so they can join the Mile High Club.
Food prices are high, but for the $100 watermelons and pumpkins Tony Dighera grows, demand is outstripping supply.
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.