Jane Wells develops features, special reports and series for CNBC and CNBC.com. Based in Los Angeles, she also contributes to CNBC's breaking news coverage.
Wells assumed her current role after more than 20 years as a CNBC reporter. Most recently, she covered retail, agriculture and defense as well as reports on California's economy, West Coast real estate and Las Vegas for the network. Wells joined CNBC in 1996, providing special coverage of the O.J. Simpson civil case for "Rivera Live." During her career at the network, Wells also served as a senior correspondent for CNBC's "Upfront Tonight."
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.
Follow Jane Wells on Twitter @janewells.
Dykstra will appear in a federal bankruptcy court Friday in Los Angeles, where he will probably witness the final resolution of his Chapter 7 bankruptcy. If the proposed settlement is approved, it's quite possible that the baseball legend will walk away with nothing.
The company launched "Too Cheap to Advertise", an online campaign where it solicited 30-second commercials from the public (for free!) in exchange for $50,000 in free travel (no cash upfront!). "Cheap is an attitude," the company says, adding that customers embrace it, "so who better to create a commercial?"
During the go-go days of lending in California (and Nevada, and Florida, and...), people who could prove they had a pulse were hired as mortgage brokers or loan officers. They made loans to other people who could prove they had a pulse, even if they didn't need to prove income. It did not turn out well.
Honda last week reported its best quarterly operating profit in over two years, thanks in large part to a 38 percent jump in deliveries in Asia. The company hopes to improve sales in the U.S. through a variety of initiatives, including better inventory management of the subcompact Honda Fit. It will also launch a hybrid version of the Fit in Japan later this year. .
Sure, Goldman Sachs had to pay the largest ever SEC fine to settle charges it wasn't honest with clients about who was behind trades in bad mortgages. And, sure, people think less of Goldman Sachs than they do of BP... But the company, and its CEO, are beloved by one important group—Goldman Sachs employees.