Business
Lavazza launches single-serve tablets to make espresso
Lavazza said its Tablì tabs are made of 100% coffee, without any gelatin, coating or binders.
Source: Lavazza
Lavazza is bringing its espresso tablets to the U.S., aiming to loosen Keurig Dr Pepper’s grip on the single-serve coffee category.
The Italian coffee giant unveiled Tablì last year and launched the new brewing system first in Italy. The tablets, made of compressed ground coffee without a coating, binder or gelatin, can only be used with a Tablì coffee machine made by Lavazza. Each tablet is marked with the words “100% coffee. At launch, the tabs will come in five varieties: espresso, double espresso, decaf espresso, super crema and lungo, or a “long shot” espresso brewed with more water.
“The result that we’ve been able to achieve was through a very complicated industrial process in order to be able to have [the coffee tablet] very compact, to be able to deliver it without destroying it, to have it able to work in a coffee machine,” Lavazza CEO Antonio Baravalle told CNBC.
Tablì is the result of Lavazza’s acquisition of the Italian startup Caffemotive in 2020. The new system took five years of development, more than 15 patents and a new production facility in Gattinara, Italy, to bring it to market.
Its launch in the U.S. comes as the country becomes an increasingly important part of Lavazza’s business. In 2025, the company’s North American turnover — or revenue — jumped 26.9%, according to Lavazza.
“We are strongly investing in the USA because we think it is an important space for us,” Baravalle said, adding that Lavazza aims to eventually have a €1 billion ($1.15 billion) business in the U.S.
“The brand is growing, in terms of equity, extremely well,” Baravalle said. “We’ve spent a lot of money, for us, in the last two years, and we’re going to do that for the next five years.”
More than 130 years after its founding, the Lavazza family still privately owns the Italian company. In 2025, it reported net profit of €92 million on net revenues of €3.9 billion, according to Lavazza’s latest annual report.
In the U.S., it generates more than $100 million in annual dollar sales through retailers like Target and Walmart. For context, Keurig reported annual net sales of $3.99 billion for its U.S. coffee segment in 2025.
The majority of Keurig’s coffee revenue comes from its K-cups. In the U.S., Keurig has dominated the single-serve coffee market for more than a decade, although Nestle’s Nespresso has won over customers in recent years. Keurig holds about half of the total U.S. market share for fresh ground coffee pods, according to data from Euromonitor International. Nespresso holds a roughly 7% share.
Of course, Lavazza sells K-cup pods in the U.S. through a partnership with Keurig.
Baravalle said he does not expect to beat Keurig or Nespresso.
“For us, it’s important to find our own space, but we are talking about two giants, and one of them, we have an important contract with that we are very happy [with],” he said.
A sustainability play
Lavazza is betting that sustainability is still a top consideration for many coffee drinkers, although Baravalle said that can differ across countries.
For years, Keurig’s pods have been dogged by questions about waste, leaving an opening for a competitor with a more environmentally-friendly product. The company previously claimed that 100% of its K-cups have been recyclable since the end of 2020.
In 2024, the Securities and Exchange Commission charged the beverage giant with making misleading statements over the recyclability of its pods. Keurig agreed to pay $1.5 million in penalties without admitting or denying the SEC’s findings. The company’s website now reads, “Check locally, not recycled in many communities.”
Nespresso’s aluminum pods are more easily recycled through the brand’s free mail-back service.
As Lavazza launches a potential competitor, Keurig has its own plans for plastic- and aluminum-free coffee pods. This fall, the company plans to launch K-Rounds, which uses a plant-based coating to preserve the ground coffee inside the puck-shaped pod. The innovation is thanks to a multi-year partnership with Delica Switzerland, the maker of the CoffeeB system, which uses plastic-free coffee balls that have gained traction in parts of Europe.
Lavazza will officially launch Tablì in the U.S. in August. A $99.99 bundle that includes the machine, a 60-count variety pack of tabs and a milk frother is available now to pre-order on the company’s website.
In May, Baravalle said the company was still determining its pricing strategy as it conducted consumer research to understand how much coffee drinkers were willing to pay.
“We are also waiting to see how some big, huge competitors will move in the industry, trying to offer something similar,” Baravalle said. “But, for sure, Lavazza has premium positioning, and we’re not going to do something different from that.”

Business
LARRY KUDLOW: Trump has never ruled out military action, which now looks more likely
FOX Business host Larry Kudlow discusses President Donald Trump’s response to the Middle East conflict on ‘Kudlow.’
As the President patiently works toward a possible surrender deal with Iran, keep in mind two important points: one is no other president in modern history is willing to take on militarily and economically the radical Muslim regime that controls the Iranian government.
Iran has been our enemy for nearly 50 years, they’ve done great harm to us, to Israel, to our allies in the Middle East and elsewhere. They have killed roughly 1,000 American soldiers. They have financed terror attacks that remind of Nazism almost 100 years ago. And in return they declare their hatred for America. They have become a nuclear threat not only with enriched uranium, but also advanced missile development. And Mr. Trump has destroyed them militarily.
The Islamic Revolutionary Guard Corps may have some remaining military resources, but not much. At least 80 percent is gone, and it’ll probably take as much as 20 years or more to restart.
In crippling Iran, Mr. Trump has done humanity a great favor. The second point is during this negotiating process, he Trump has not budged on his red lines. You heard it again in his interviews yesterday on Sunday talk shows. He has not dropped his demand that Iran end all nuclear development. He has not dropped his demand that Iran’s enriched uranium be transferred into American hands or destroyed altogether. He insists that Iran completely open the Strait of Hormuz to free navigation with no controls or tolls whatsoever. And in addition, he has made it clear that no money or financial assistance will be given to Iran.
Fox News senior strategic analyst Ret. Gen. Jack Keane discusses skepticism surrounding U.S.-Iran peace talks after Iran launched missile attacks on Israel on ‘Kudlow.’
Asked on Sunday by a reporter whether he would “unfreeze any Iranian assets or lift any sanctions up front as a part of any deal,” Mr. Trump replied: “No.” “So that would come after?” the reporter asked. Mr. Trump’s response: “Comes after. Yeah. If they behave, if they do their job we stop talking. Yeah.”
There’s no $12 billion or $24 billion or $124 billion or other wild Iranian asset estimates for the IRGC. Instead, there’s Treasury Secretary Scott Bessent’s Economic Fury, which includes the naval blockade plus highly aggressive sanctions imposed by the Office of Foreign Asset Control, where all manner of cryptocurrency, offshore bank accounts, villas, or whatever Iranian assets have been either frozen or completely seized.
Mr. Bessent now wants to liquidate those offshore IRGC assets and use them to rebuild our gulf Allies. Good for him. Excellent idea. This is basically economic and financial starvation that is backing up the crushing military blow. Mr. Trump has not ruled out any additional military action. and he has never backed down. Iran may never surrender, but they’ll wish they had.
Business
Buy the Data Center and HVAC Infrastructure Leader
NEW YORK — Comfort Systems USA Inc. (NYSE: FIX) has positioned itself as a major beneficiary of the artificial intelligence infrastructure boom and broader non-residential construction spending in 2026, delivering exceptional earnings growth and strong backlog expansion that support a bullish long-term outlook.
As of early June 2026, shares trade around $480 after a substantial year-to-date rally. The mechanical contractor and building services provider has been a standout performer, driven by surging demand for HVAC, electrical and plumbing systems in hyperscale data centers, semiconductor manufacturing facilities and other high-tech projects.
Comfort Systems reported robust first-quarter 2026 results, with revenue increasing significantly year-over-year and earnings per share beating expectations. The company highlighted strong backlog growth, particularly in data center and technology-related projects, as hyperscalers accelerate AI infrastructure buildouts. Management raised full-year guidance, citing sustained momentum in key end markets and operational efficiencies.
Analysts are overwhelmingly bullish. Multiple firms have raised price targets following recent earnings reports, with some reaching as high as $650. Consensus leans toward Strong Buy, with recent upgrades emphasizing Comfort Systems’ exposure to secular growth trends in data centers and its proven execution capabilities.
The bullish case for buying Comfort Systems centers on its leadership in mechanical contracting for mission-critical facilities. As AI and cloud computing drive unprecedented demand for power, cooling and infrastructure, the company’s expertise in designing and installing complex HVAC and related systems makes it a preferred partner for data center developers and general contractors. Its national footprint and established relationships provide a competitive advantage in securing large-scale projects.
Beyond data centers, Comfort Systems benefits from industrial manufacturing expansion, semiconductor plant construction and general commercial building activity. The company’s diversified end-market exposure reduces reliance on any single sector while capitalizing on multiple growth drivers, including reshoring trends and energy efficiency initiatives.
Comfort Systems maintains a strong balance sheet with solid cash flow generation, supporting organic growth, strategic acquisitions and shareholder returns through dividends. The company has a track record of disciplined capital allocation and successful integration of acquired businesses, enhancing its service offerings and geographic reach.
Risks for potential buyers include valuation that has expanded with recent gains, potential cyclical slowdowns in construction spending and labor or supply chain constraints in a hot market. The stock’s recent performance leaves limited margin for error if project delays or cost pressures emerge.
For sellers or those on the sidelines, near-term volatility tied to broader industrial and construction sector movements warrants caution. While fundamentals are strong, elevated multiples reflect high expectations that could lead to pullbacks on any softening in data center spending.
Investment decisions in 2026 hinge on several factors. Sustained AI infrastructure investment by hyperscalers supports a constructive view. Comfort Systems’ exposure to traditional commercial and industrial markets provides additional diversification. Strong backlog and raised guidance reinforce confidence in near-term performance.
Broader market context favors infrastructure and industrial plays like Comfort Systems. Rising data center power and cooling demands create multi-year opportunities, while reshoring and manufacturing investments add tailwinds. However, investors must monitor interest rates, labor availability and potential economic slowdowns.
Analyst sentiment has improved with recent earnings strength and upward revisions. Institutional ownership remains healthy, reflecting confidence among sophisticated investors. The company’s ability to deliver on ambitious targets while navigating supply and labor constraints will be key.
For growth-oriented investors comfortable with industrial cyclicality, selective buying on weakness may appeal. Conservative portfolios might prefer smaller positions or waiting for clearer confirmation of sustained data center demand. Diversification across infrastructure and industrial holdings can help manage company-specific risks.
Comfort Systems’ long history of mechanical contracting excellence positions it well for evolving industry needs. From traditional HVAC installations to complex mission-critical systems for data centers, the company continues adapting while maintaining strong customer relationships and operational discipline.
As the year progresses, upcoming quarterly results, project updates and industry conferences will serve as important catalysts. Comfort Systems’ execution on backlog conversion and ability to scale in a high-demand environment will be closely watched.
The company continues investing in talent, technology and safety initiatives to support growth. Its focus on employee development and operational excellence has been a key factor in its ability to handle increasingly complex projects.
For retail investors, Comfort Systems offers an accessible way to participate in the data center and industrial construction boom. Its business model benefits from secular trends in technology infrastructure and manufacturing reshoring, making it a compelling infrastructure play.
Monday’s trading reflected continued positive sentiment but also highlighted the stock’s sensitivity to broader market moves. The gain fits within the context of strong recent performance driven by data center tailwinds.
As a leading mechanical contractor, Comfort Systems plays a vital role in enabling the infrastructure that powers the modern digital economy. Its solutions support everything from data centers to advanced manufacturing facilities, contributing to technological progress and economic growth.
Investors evaluating Comfort Systems should conduct thorough due diligence, consider individual risk tolerance and maintain a long-term perspective. The company’s track record of execution and value creation through industry cycles supports optimism for continued success in the data center and infrastructure boom.
Overall, Comfort Systems remains a compelling growth story with significant competitive advantages. While risks around valuation, labor and cyclical construction spending persist, its exposure to high-growth markets, strong backlog and operational excellence make it an attractive consideration for investors seeking participation in the critical infrastructure enabling AI and technological advancement.
Business
OpenAI plans to go public, intensifying investment race with Anthropic
The company behind ChatGPT filed its plans one week after Anthropic did the same.
Business
Wendy’s unveils Minions and Monsters meals, toys ahead of July movie
Check out whats clicking on FoxBusiness.com.
Wendy’s on Monday announced it will be offering a custom Minions & Monsters meal starting later this month that includes limited-time meals and exclusive collectible toys.
The fast food chain’s new promotion will spotlight Illumination’s Monsters and Minions with the limited-time offerings starting on June 15, ahead of the movie’s arrival in theaters on July 1.
It features themed meals for both children and adults, as well as an all-new Banana Frosty Swirl with a sweet banana cream sauce swirled into a Vanilla Frosty base.
WENDY’S TO CLOSE HUNDREDS OF RESTAURANTS AS COMPANY LOOKS TO FOCUS ON VALUE TO BOOST SALES

Wendy’s is offering special Minions & Monsters meals and collectibles. (Courtesy of Wendy’s / Fox News)
“The best partnerships start with an understanding of what our fans are passionate about,” said Lindsay Radkoski, U.S. chief marketing officer for The Wendy’s Company.
She added that, “By bringing together one of the world’s most beloved entertainment franchises with Wendy’s iconic, high-quality food and customers love, we’re creating shared experiences that fans will go bananas for this summer!”
WENDY’S $100K ‘CHIEF TASTING OFFICER’ CONTEST SPARKS HILARIOUS FAST-FOOD SOCIAL MEDIA SPAT
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| WEN | THE WENDY’S CO. | 6.74 | +0.03 | +0.45% |
Wendy’s Monsters & Minions adult meal will include the choice of a Big Bacon Classic or a new Spicy Chicken Sandwich, plus a small order of fries and a small Banana Frosty Swirl. It will also contain one of four Wendy’s exclusive Minions & Monsters blind box collectibles.
Both the new Frosty and the Monsters & Minions adult meal will be available starting on June 15.
WENDY’S INTRODUCES NEW VALUE MENU WITH 3 PRICE TIERS

The four Minions & Monsters collectibles in the Wendy’s adult meals. (Courtesy of Wendy’s / Fox News)
The Minions & Monsters kids’ meal is available now and offers the choice of 2-piece chicken tenders, 4-piece chicken nuggets, a hamburger or a cheeseburger.
It includes a kid’s drink and either a junior-size order of fries or apple bites and one of six exclusive Wendy’s Monsters & Minions kids’ meal toys that feature the characters James, Henry, Ed, Richard Goomi and Dort.
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Wendy’s will also feature two new Coca-Cola Freestyle beverages as part of the Minions & Monsters campaign – a Pineapple Minion MischieFizz and Goomi’s Glimey Lime.
Business
Consolidated Lithium signs term sheet to acquire Quebec lithium project

Consolidated Lithium signs term sheet to acquire Quebec lithium project
Business
Stock Funds Are Up 11.5% as Tech Rally Drives Market Turnaround
Earlier in the year, many fund investors thought double-digit gains for 2026 were a pipe dream. Suddenly, it’s reality.
A two-month stock rally powered by chip companies has helped the average U.S.-stock mutual fund or exchange-traded fund to a total return of 11.5% so far in 2026. The funds posted a total return of 4.4% in May, adding to the previous month’s 10.3% gain and pushing them into the double-digit status, according to statistics from
LSEG. (See Mutual-Fund Yardsticks table.)
Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Business
Form 13D/A Howard Hughes Holdings Inc. For: 8 June

Form 13D/A Howard Hughes Holdings Inc. For: 8 June
Business
Former White House ‘AI czar’ warns overregulation could hand China AI lead
Former White House ‘AI czar’ David Sacks discusses AI regulation, competition with China and the risks of advanced AI-powered ‘cyber weapons’ on ‘Kudlow.’
Former White House “AI czar” David Sacks warned Monday that overregulation of artificial intelligence could erode America’s lead over China in the global race for AI dominance.
“If you try to have an FDA for AI and there are some people who want to go that far, then I think we could lose this AI race to China,” he said Monday on “Kudlow.” “We’re only six to nine months ahead of China. So really, every month counts.”
His remarks come after President Donald Trump signed an executive order last week establishing a voluntary framework for AI companies to share certain advanced models with the federal government before wider public release.
Sacks, a longtime Silicon Valley entrepreneur, advocated for a lighter approach to AI regulation and cautioned that adding too many guardrails risks stifling innovation at a critical point in the competition with Beijing.
CHINA RACES AHEAD ON AI —TRUMP WARNS AMERICA CAN’T REGULATE ITSELF INTO DEFEAT

US President Donald Trump (L) shakes hands with China’s President Xi Jinping at the Great Hall of the People in Beijing on May 14, 2026. (Kenny HOLSTON / POOL / AFP via Getty Images / Getty Images)
He likened Washington’s “tremendous” desire to regulate AI to that of climate change.
“AI has become the new climate change,” he argued. “It’s this imminent catastrophe that is requiring all this government intervention. But there’s very little evidence to support it.”
“We’re open to evidence – if there’s actually a problem, we should do something about it. But I don’t think we should do it in this knee-jerk way,” he continued.
MORNING GLORY: WHY THE ANGST ABOUT AI?
While Sacks admitted that some frontier AI models – including Anthropic’s Mythos, which he described as an “at the level of a cyber weapon” – present serious cybersecurity concerns, he also cautioned against the “moral panic” surrounding emerging technology.
“There is this panic, almost like a moral panic, around AI,” he told host Larry Kudlow. “And I’m just afraid that we might overreact and shoot ourselves in the foot and then hand this incredible technology to China.

David Sacks, White House Artificial Intelligence (AI) and Crypto czar, during The White House Digital Assets Summit in the State Dining Room of the White House in Washington, DC, US, on Friday, March 7, 2025. (Chris Kleponis/CNP/Bloomberg via Getty Images / Getty Images)
Sacks also pushed back on concerns that AI will take jobs from average Americans, pointing to recent labor market strength from a strong May jobs report.
PALANTIR’S SHYAM SANKAR: AMERICANS ARE ‘BEING LIED TO’ ABOUT AI JOB DISPLACEMENT FEARS
“There’s been a lot of claims that AI is gonna create some sort of imminent job apocalypse, but we’re seeing the exact opposite right now,” the former AI czar argued.
“We just had this gangbuster jobs report in May, something like 172,000 new jobs, twice what all the economists were expecting, and a lot of that is because of AI.”
Sacks said a unified federal playbook for AI governance would be preferable to a patchwork, state-by-state regulations that have been guard railing the technology since its emergence.
Economist Steve Moore discusses the latest May jobs report, U.S. economic strength and the impact of President Donald Trump’s pro-business policies on ‘Maria Bartiromo’s Wall Street.’
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“What President Trump has called for is one rulebook. And I think if we can get that, if we work with Congress to work out a compromise, then that would be better than patchwork from the states,” he told FOX Business.
Trump is reportedly set to meet with executives from leading AI companies at the White House this week as the administration weighs its next steps on AI policy.
Business
OpenAI files confidential S-1 with SEC in step toward potential IPO
1789 Capital co-founder and CIO Chris Buskirk discusses Anthropic’s potential IPO, SpaceX speculation, the AI race with China and where institutional investors are placing their biggest bets on ‘Mornings with Maria.’
OpenAI said Monday it has taken a formal step toward a potential stock market debut, signaling that the artificial intelligence company is preparing for the possibility of becoming a publicly traded firm.
The move gives OpenAI flexibility to pursue an initial public offering in the future, though the company indicated no final decision has been made on whether or when shares would begin trading publicly.
“We recently submitted a confidential S-1. We expect it to leak so we’re just announcing it,” OpenAI said in a statement Monday. “We have not decided on timing yet; it may be a while because there are things we want to do that are likely easier as a private company. But it’s a complicated set of tradeoffs and this gives us the option to go public sooner if that ends up being best.”
The company added that the announcement does not constitute an offer to sell securities and that any future offering would be conducted in accordance with federal securities laws.
ANTHROPIC FILES CONFIDENTIALLY FOR IPO

Sam Altman, chief executive officer of OpenAI Inc., speaks during BlackRock’s 2026 Infrastructure Summit in Washington, D.C. (Daniel Heuer/Bloomberg / Getty Images)
A confidential S-1 filing allows companies to begin the IPO process with the Securities and Exchange Commission without immediately disclosing detailed financial information to the public. The filing is often viewed as an important milestone for companies considering a future public listing.
FOX Business previously reported that OpenAI was targeting a public offering as early as September and had been working with Goldman Sachs and Morgan Stanley on a draft IPO prospectus, according to a Reuters report at the time.
The Sam Altman-led company has emerged as one of the dominant forces in artificial intelligence following the launch of ChatGPT, helping ignite a wave of investment and competition across the technology sector.
BAY AREA BANKER WANTS TO SWAP HIS $8M ESTATE FOR AI COMPANY STOCK

OpenAI logo is seen in this illustration taken February 16, 2025. (REUTERS/Dado Ruvic / Reuters)
OpenAI has since expanded its lineup of AI products for consumers and businesses while attracting billions of dollars in funding.
Reuters previously reported that OpenAI had been laying the groundwork for a public listing that could value the company at up to $1 trillion, underscoring the enormous investor appetite for AI-related businesses.
AI LEADERS ARGUE SOFTWARE WILL ADAPT – NOT DIE – BUT VALUATIONS ARE STRETCHED

Dollars bills. Background with paper dollar sheets and stamps for printing. 3D render. Wall Street sign in New York City’s financial economy and business district with America’s national flag background. Stock market trade and exchange zone. (istock / iStock)
The announcement comes as Wall Street closely watches the next generation of AI companies for signs they may enter public markets.
Earlier this month, rival Anthropic disclosed that it had confidentially filed for a U.S. initial public offering, potentially setting the stage for a high-profile race between two of the industry’s biggest players.
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While OpenAI stressed that no timeline has been finalized, Monday’s disclosure signals the company is keeping its options open as it weighs the benefits of remaining private against the opportunities that come with a public listing.
FOX Business’ Eric Revell and Reuters contributed to this report.
Business
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