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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Next Tuesday, the University of San Diego’s Burnham-Moores Center for Real Estate is holding its 12th annual real estate conference. The keynote speaker: Angelo Mozilo, co-founder and CEO of Countrywide. That drew the ire of locals who formed “Disinvite Mozilo.”
Countrywide Financial sent out a press release saying it helped 81,000 people KEEP their homes in 2007. Here's the press release. Specifically, the company says it modified 56,000 mortgages last year, 10,000 of them in December alone, allowing people to stay in their homes.
When it comes to Countrywide CEO Angelo Mozilo and his potential multi-million dollar severance package, you people don't hold back.
I'm heading home to Los Angeles, the "silicone valley." On that note, some analysts expect the waekening economy to deflate the breast implant biz to a "B" cup, down from a "C."
There are orange cars here at the North American International Auto Show in Detroit (man, that’s a long name for an event). Apparently orange is a hot color. There are a lot of other bold colors as well. Phil Lebeau has been telling you all about the cars, but I thought I’d tell you about the vibe. Not the Pontiac Vibe, but the “vibe” vibe.
I'm outside Countrywide headquarters this morning, where employees have a mixture of relief and worry. Countrywide has already laid off 11,000 people, but it's certain that more will eventually have to go. Bank of America won't need everyone. This could affect everyone from bank tellers to the corporate pilots (Countrywide has not one but two Gulf Streams).
Since I last blogged, Countrywide shares have fallen to eye-popping lows, Roger Clemens has come out fighting, and I got interested in the Presidential race for about five minutes. Since I last blogged, tragedy has struck Pakistan and Kenya (more on Kenya in a moment).
I'm on vacation until January 10th, but, in my absence, please ponder this image of Warren Buffett. Maybe it'll make you smarter in 2008. Goodness knows I'm hoping it'll make me smarter. In fact, I suggest you click on this blog daily while I'm away, not because it will help you, but because it will help me.
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.