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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A friend of mine, John Piscitelli, is an appraiser. It’s been a very rough year. But suddenly, he has more work than he knows what to do with. He tells me, “...The weird thing is that all of a sudden on Wednesday and Thursday the appraisal management company for Bank of America sent me 11 orders." These calls are for homes all over the greater Los Angeles area.
A British man is able to keep his home even though he hasn’t made a mortgage payment since 1993. An appellate court has awarded him “squatters rights.” Apparently the guy and his wife took out a second mortgage way back when to cover business debts, but they soon couldn’t afford to make payments and went bankrupt.
Countrywide just sent a co-worker a letter pitching a 40-year mortgage. Which had me thinking. If my co-worker had bought a 40-year mortgage 40 years ago, he would have been buying it one year before a young Angelo Mozilo opened up shop.
FlashNews reports that Engage.com has released the results of a survey of single men and women. Now, if your business is devoted to encouraging people to meet each other, like Engage's is, it's in your best interest to make singlehood a grim thing. According to the survey:
Bill Lerach was corporate America's worst nightmare. If there was anyone who could actually scare a CEO, he was the man. As an attorney who made millions suing companies on behalf of shareholders, he was known as "The Doberman" at the law firm Milberg Weiss, and he was proud of the title.
Business coach and author John McKee suggests that this Valentine’s Day, maybe you should show some love not just to the love of your life, but also to the boss. His “quiz” helps uncover if you are the boss’s “pet—or just pet peeve.” Real Jane and Fake Jane both took the quiz. Now you can, too!
No post today as I shoot stories in Hawaii to air Friday. Honest, I'm working. I'll be covering Hawaii's unusually generous tax credit for tech investment--is it enough to bring companies from the mainland, or keep Hawaiian-born enterprises from leaving?
How do I say this delicately? There is a very funny, irreverent, nearly obscene video on YouTube showing comedienne Sarah Silverman explaining to her boyfriend Jimmy Kimmel that she’s having an affair with Matt Damon. It made me laugh--very hard.
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.