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 feel sorry for my colleague John Harwood. I don’t even cover politics, but I still get all the campaign emails. I’ve tried to get off a few of the lists, but that’s like trying to pull out dandelion weeds—they always grow back.
Soybeans hit a record high on Wednesday--$13.07 a bushel for July contracts. Soy prices jumped 75 percent in 2007, that's more than corn, oil, gold. MORE THAN GOLD! Why? Because farmers decided to plant a bunch of corn to chase the ethanol dream...
It is with much concern that Fake Jane reads that Allergan disappointed the street this morning with its earnings report. Allergan is Fake Jane's favorite company. Even though earnings and sales were up double digits--sales topping a billion dollars for the first time in one quarter--the outlook is below street expectations, and an important drug trial failed.
You've heard about Countrywide's $422 million loss, and you've probably heard that Bank of America says the deal is still "a go." Yes, loan production is way down, credit loss provisions are way up. But even though Countrywide did not hold a conference call, its full earnings release is littered with telling details about the state of the housing market.
Friday I blogged about the most audacious press release I've received in a long time from a small biomed company called GenoMed. The company's Chairman and CEO, Dr. David Moskowitz, claims Heath Ledger probably died due to complications from the flu--likening it to Anna Nicole Smith's death--and GenoMed had the means to save him.
Late Sunday night, Countrywide announced that Chairman and CEO Angelo Mozilo is voluntarily giving up his entire severance package if and when he leaves the company. The company says he’s walking away from a package worth $37.5 million, much lower than the $115 million estimate reported by an outside compensation expert in the Los Angeles Times.
I'm speechless. As investigators await more test results to try to determine how actor Heath Ledger died, someone thinks he may already know! I received the most jaw-dropping press release of a still-young 2008 from a company called GenoMed...
If the GOP has any sense of humor (Mike Huckabee's Chuck Norris ads are pretty funny), the party should start looking ahead to the general election and buy the rights to the following film clip. It's from the 1940 film, "The Ghost Breakers," starring Bob Hope, and it would be perfect for an ad campaign.
If you haven't seen the video circulating the web showing Tom Cruise talking about Scientology, well, it's still on YouTube, despite reported efforts by the church to have it taken down:
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.