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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After rumors of everything from partnering with Netflix to buying Epic Games (neither are true), the big news from the Microsoft keynote speech at the Game Developers Conference: now you can create your own games and put them on Xbox Live to share.
John Schappert runs Microsoft's Iive, interactive entertainment businesses, joining the company in August after a career in game development for companies like Electronic Arts. He's giving the keynote speech at this year's huge Game Developers Conference in San Francisco, where 16,000 industry pros are gathering to discuss what's next in this $19 billion industry.
All three countries in North America have converged on tiny Yuma, Arizona. I was here this week reporting on the "virtual border" that companies like Boeing and ICX Technologies are helping to build.
In our interactive/reality TV culture, Embassy Suites decided to get patrons in on the decision to create new “Do Not Disturb” signs (“DND”). Here, after months of deliberations, are the winners. Also: Your e-mails re Countrywide, Fake Jane and Sarah Silverman!
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.
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.