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Donald Trump stands behind a podium while pointing a finger in front of him.
‘People are trying to be creative’: Tariff-battered American companies are so cash-starved they are using refund claims as collateral for loans

“It’s coming to the point where some people might have no choice,” one CEO told Fortune, saying more firms are looking to leverage refund claims from the levies.

By Sasha RogelbergApril 12, 2026
A Starbucks barista stands behind a cash register.
Starbucks’ game plan to roll out AI chatbots at cafés could serve as a ‘litmus test’ for the industry, analyst says
By Sasha RogelbergApril 11, 2026
The Navy confirmed an ‘abundant amount’ of Uncrustables when the Artemis II crew lands. Smucker’s just offered them a lifetime supply
The Navy confirmed an ‘abundant amount’ of Uncrustables when the Artemis II crew lands. Smucker’s just offered them a lifetime supply
By Catherina GioinoApril 10, 2026
Nutella seen aboard the Orion spacecraft Integrity.
Nutella jumps on the best product placement money can’t buy: A trip to the far side of the Moon
By Catherina GioinoApril 9, 2026
JFK, jr and Carolyn Bessette walk their dog in New York City.
Levi’s 517 jeans sales jump 25% thanks to ‘Love Story’ and the Carolyn Bessette Kennedy effect
By Molly Liebergall and Morning BrewApril 9, 2026
erewhon
Americans hate the economy so much, they’re buying $22 smoothies
By Yuanyuan (Gina) Cui, Patrick Van Esch and The ConversationApril 9, 2026
Latest Stories
Intuit was an AI pioneer. Why its stock became a SaaSpocalypse casualty
InvestingIntuit was an AI pioneer. Why its stock became a SaaSpocalypse casualty
By Geoff ColvinApril 12, 2026
Artemis III will practice docking Orion with lunar landers in Earth orbit next year while Musk’s Starship and Bezos’ Blue Moon compete for Artemis IV
InnovationArtemis III will practice docking Orion with lunar landers in Earth orbit next year while Musk’s Starship and Bezos’ Blue Moon compete for Artemis IV
By Marcia Dunn and The Associated PressApril 12, 2026
Oil tankers U-turn in Hormuz as U.S.-Iran talks break down
PoliticsOil tankers U-turn in Hormuz as U.S.-Iran talks break down
By Weilun Soon and BloombergApril 12, 2026
Saudi Arabia says East-West pipeline restored to full capacity
EnergySaudi Arabia says East-West pipeline restored to full capacity
By Clara Ferreira Marques and BloombergApril 12, 2026
In 2011, Barack Obama said it was time to ‘pivot’ to Asia. But 15 years later, the U.S. is still at war in the Middle East
AsiaIn 2011, Barack Obama said it was time to ‘pivot’ to Asia. But 15 years later, the U.S. is still at war in the Middle East
By Didi Tang and The Associated PressApril 12, 2026
Trump says U.S. Navy to impose Hormuz blockade after Iran ceasefire talks end with no deal. ‘No one who pays an illegal toll will have safe passage’
PoliticsTrump says U.S. Navy to impose Hormuz blockade after Iran ceasefire talks end with no deal. ‘No one who pays an illegal toll will have safe passage’
By Munir Ahmed, Josh Boak, Sam Metz, Samy Magdy and The Associated PressApril 12, 2026
NEW YORK, NEW YORK - JULY 26: A view of Poppi drinks at #BFE (Big Flavor Energy) "poppi hour" at Azul On the Rooftop at Hotel Hugo on July 26, 2022 in New York City.
C-SuiteThis TikTok sensation sold her startup for $2 billion. Now Pepsi is letting ‘Poppi be Poppi’
By Eva RoytburgApril 12, 2026
A woman measures a little boy's height against the kitchen wall
Economy‘Almost unmanageable’: Raising a child in the U.S. now costs more than $300,000
By Jacqueline MunisApril 12, 2026
More RetailPage 28 of 100
CEO Elliott Hill of Nike smiles on the field before the game between the Oregon Ducks and the Ohio State Buckeyes at Autzen Stadium on October 12, 2024 in Eugene, Oregon.
RetailAs Nike lags, CEO Elliott Hill said Ohio State Buckeyes coach Ryan Day revealed the key to a strong offense
By Amanda GerutMarch 21, 2025
  • Creative head Donatella Versace to step down at Versace amid Prada takeover speculation
    RetailCreative head Donatella Versace to step down at Versace amid Prada takeover speculation
    By AFPMarch 13, 2025
Olive Garden restaurant with a women entering
CompaniesOlive Garden parent company shrugs off concerns of plummeting consumer confidence because restaurant goers continue ‘to treat themselves and splurge’
By Paolo ConfinoMarch 20, 2025
Federal Reserve seal
FinanceAmid a grimmer outlook from the Fed, there’s a lone, mysterious holdout predicting stronger economic growth
By Paolo ConfinoMarch 20, 2025
Elon Musk and Donald Trump sit in the front seats of a red Tesla, smiling.
FinanceTesla mega-bull Dan Ives warns ‘the clock struck midnight’ for Elon Musk as he begs CEO to step back from DOGE
By Sasha RogelbergMarch 20, 2025
people standing in covent garden
FinanceNorway’s sovereign wealth fund is buying a slice of Covent Garden for $739 million amid retail boom for the former fruit and veg market
By Prarthana PrakashMarch 20, 2025
JD Vance onstage
NewslettersJD Vance has a message for Silicon Valley: The Trump administration is ‘working with you’
By Jessica MathewsMarch 20, 2025
  • Signs of recovery for John Lewis after strategic reset, but ‘the best is yet to come’
    CommentarySigns of recovery for John Lewis after strategic reset, but ‘the best is yet to come’
    By Andrew BusbyMarch 13, 2025
Mercedes-Benz CEO pushes for zero tariffs as Trump embarks on EU auto trade war
PoliticsMercedes-Benz CEO pushes for zero tariffs as Trump embarks on EU auto trade war
By AFPMarch 20, 2025
Spring has sprung! And some retailers are offering discounts and freebies to celebrate
RetailSpring has sprung! And some retailers are offering discounts and freebies to celebrate
By Chris MorrisMarch 20, 2025
A Taco Bell workers hands a bag to a customer in their car.
RetailChips on chips: Nvidia is partnering with Taco Bell’s parent company to leverage AI for a more efficient drive-thru experience
By Sasha RogelbergMarch 19, 2025
General Mills adds to weak consumer outlook with forecast cut
RetailGeneral Mills adds to weak consumer outlook with forecast cut
By Deena Shanker and BloombergMarch 19, 2025
Unilever hit ‘new levels of oppressiveness,’ Ben & Jerry’s claims as its CEO was sacked over social activism
RetailUnilever hit ‘new levels of oppressiveness,’ Ben & Jerry’s claims as its CEO was sacked over social activism
By Prarthana PrakashMarch 19, 2025
  • Frédéric Arnault speaking on stage
    SuccessLVMH heir Frédéric Arnault will become CEO of the brand that popularized ‘quiet’ luxury. What could this mean for the French giant’s succession plan?
    By Prarthana PrakashMarch 13, 2025
King Charles III is greeted by Sir Kenneth Olisa, Lord-Lieutenant of Greater London as he arrives, in his chauffeur driven Bentley State Limousine, to attend a ceremonial welcome, at Horse Guards Parade, for the President and the First Lady of the Republic of Korea on day 1 of their state visit on November 21, 2023 in London, England. King Charles is hosting Korean President Yoon Suk Yeol and his wife Kim Keon Hee on a state visit from November 21-23. It is the second incoming state visit hosted by the King during his reign.
RetailBentley’s super-rich customers could bear the brunt of Trump tariff costs, CEO warns
By Ryan HoggMarch 19, 2025
group of people in professional clothing
NewslettersExclusive: SemperVirens raises $177 million fund focused on healthcare and workforce tech
By Leo SchwartzMarch 19, 2025
German auto woes deepen: Audi to cut 7,500 jobs by 2029 amid rising Chinese competition and EV slowdown
RetailGerman auto woes deepen: Audi to cut 7,500 jobs by 2029 amid rising Chinese competition and EV slowdown
By AFPMarch 18, 2025
Dolce & Gabbana looks beyond fashion to safeguard independence
RetailDolce & Gabbana looks beyond fashion to safeguard independence
By Antonio Vanuzzo, Luca Casiraghi, Flavia Rotondi and BloombergMarch 18, 2025
Woman with curly hair and glasses looking worriedly at bills.
FinanceAmericans see growing risk they’ll get turned down for loans
By Alex Tanzi and BloombergMarch 17, 2025
American Eagle’s CEO notes a psychological shift with Gen Z shoppers—and it’s fueled by economic anxiety
FinanceAmerican Eagle’s CEO notes a psychological shift with Gen Z shoppers—and it’s fueled by economic anxiety
By The Associated Press, Christopher Rugaber and Anne D'InnocenzioMarch 17, 2025
People surround a BYD car on a showroom floor
TechBYD unveils battery system that charges EVs in five minutes
By Danny Lee and BloombergMarch 17, 2025
An entrance to the Ferrari NV headquarters and automobile plant in Maranello, Italy, on Tuesday, Feb. 7, 2023. Speaking at Ferraris Maranello headquarters, Ferrari Chief Executive Officer Benedetto Vigna, 53, credited Tesla with accelerating change within an industry steeped in engine cylinders.
RetailNewly minted millennials and Gen Z now make up 40% of new Ferrari buyers
By Ryan HoggMarch 17, 2025
Exclusive: Inside Pillar VC’s $175 million fourth venture fund focused on the Boston tech ecosystem
NewslettersExclusive: Inside Pillar VC’s $175 million fourth venture fund focused on the Boston tech ecosystem
By Leo SchwartzMarch 17, 2025
Can Leapmotor save Stellantis in the shift to electric vehicles?
CommentaryCan Leapmotor save Stellantis in the shift to electric vehicles?
By James MorrisMarch 16, 2025
Founder Jim Koch poses by cases of Samuel Adams.
LeadershipThe founder behind $3 billion beer giant Samuel Adams dropped out of Harvard because the school of life taught him more about entrepreneurialism
By Alice BarlowMarch 15, 2025
Water bottle Owala is to Gen Z what Stanley Cup is to millennials: ’emotional support.’ Inside the rapidly growing family business’ success story
SuccessWater bottle Owala is to Gen Z what Stanley Cup is to millennials: ’emotional support.’ Inside the rapidly growing family business’ success story
By Preston ForeMarch 15, 2025
man pouring Poppi soda into glass
RetailPepsiCo is near $1.5 billion-plus deal for soda brand Poppi
By Gillian Tan, Deena Shanker, Crystal Tse and BloombergMarch 14, 2025
A worker carries several stacked flats of eggs
RetailAfter repeated claims of taking over Greenland, the Trump administration is now asking Denmark for extra eggs amid shortage
By Sasha RogelbergMarch 14, 2025
Employees package beech wood smoked currywurst sausages on the production line in the Volkswagen AG (VW) manufacturing plant in Wolfsburg, Germany, on Thursday, March 12, 2020. This week VW made its highest employee bonus payment since 2015, the automaker's works council said in a staff newsletter.
RetailVolkswagen’s own-brand currywurst sausage proves almost as popular as its cars amid automotive sales decline
By Ryan HoggMarch 14, 2025
Demna Gvasalia
SuccessKering’s shares tumble 10% as investors agonize over Gucci’s new artistic director. But the ‘iconoclast’ might be what the brand needs
By Prarthana PrakashMarch 14, 2025
woman shopping in Dollar General
RetailDollar General says it closed almost 100 stores in the fourth quarter but its sales actually went up—and Wall Street is loving it
By Sydney LakeMarch 14, 2025
BMW expects to take €1 billion hit from growing tariff war
RetailBMW expects to take €1 billion hit from growing tariff war
By Joshua Gallu, Oliver Crook and BloombergMarch 14, 2025
Beyond Concorde: One man’s quest to bring back supersonic travel becomes reality
RetailBeyond Concorde: One man’s quest to bring back supersonic travel becomes reality
By Michele RobsonMarch 14, 2025
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Politics
'This is the last warning.' Iran threatens U.S. warships after they throw down the gauntlet for winner-take-all Strait of Hormuzplaceholder alt text
By Fortune EditorsApril 11, 2026
Future of Work
Palantir CEO says AI ‘will destroy’ humanities jobs but there will be ‘more than enough jobs’ for people with vocational trainingplaceholder alt text
By Fortune EditorsApril 11, 2026
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The 'affordability economy' has created a housing market nobody predicted: Prices collapsing in the Sun Belt, soaring in the Rust Beltplaceholder alt text
By Fortune EditorsApril 11, 2026
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