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Form 4 Tripadvisor Inc For: 12 March

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Reliance Global Group CFO Markovits sells shares worth $79k

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Australia Releases Seven Days’ Worth of Petrol, Five Days’ Worth of Diesel From Reserves

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Surging Oil Prices and Inflation Data Will Rattle Crypto Markets This Week
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Australia is releasing seven days’ worth of petrol and five days’ worth of diesel from its reserves amid the ongoing Iran war that has severely affected the supply and prices of oil worldwide.

Australia is a member of the International Energy Agency (IEA), which previously agreed to release 400 million barrels of oil from their emergency reserves available to the market.

Australia Releases Petrol, Diesel From Reserves

According to ABC News, the country currently has 36 days’ worth of petrol supply and 32 days’ worth of diesel.

Australia also has jet fuel reserves equivalent to 29 days’ worth.

Energy Minister Chris Bowen confirmed that the oil to be released will not flow immediately due to supply chain constraints. However, it will give fuel retailers more flexibility.

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“The minimum stock obligation which was introduced … for this purpose, [for] the rainy day, is now necessary,” Bowen said. “There is a war. I think war ticks the boxes of crisis.”

Despite the decision to release oil from the emergency stockpile, the country’s petrol and diesel reserves are still above the minimum requirements established three years ago.

IEA Member Countries Agree to Release Oil

As previously mentioned, IEA member countries previously agreed to make oil available from emergency reserves in response to the effects the conflict in the Middle East has on global oil supply.

“The oil market challenges we are facing are unprecedented in scale, therefore I am very glad that IEA Member countries have responded with an emergency collective action of unprecedented size,” IEA Executive Director Fatih Birol said in a statement.

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“Oil markets are global so the response to major disruptions needs to be global too,” Birol added. “Energy security is the founding mandate of the IEA, and I am pleased that IEA Members are showing strong solidarity in taking decisive action together.”

Aside from Australia, other members of IEA are as follows:

  • Austria
  • Belgium
  • Canada
  • Czechia
  • Denmark
  • Estonia
  • Finland
  • France
  • Germany
  • Greece
  • Hungary
  • Ireland
  • Italy
  • Japan
  • Latvia
  • Lithuania
  • Luxembourg
  • Mexico
  • Netherlands
  • New Zealand
  • Norway
  • Poland
  • Portugal
  • Slovakia
  • South Korea
  • Spain
  • Sweden
  • Switzerland
  • Turkiye
  • United Kingdom
  • United States of America
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The Rise of Millie & Jones

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The Rise of Millie & Jones

In just over a year, children’s furniture brand Millie & Jones has grown from a small online retailer into a rapidly expanding ecommerce business serving families across the UK.

Behind the brand is British entrepreneur Harry Hammond, who acquired the company with his wife Kelly-Jo in August 2024 and quickly transformed it into a fast-growing, family-focused business built on trust, service and sustainability.

Operating from their family farm in Hertfordshire, the couple set out to build more than just another online furniture store.

“We didn’t just want to sell beds,” says Harry. “We wanted to create a brand that families genuinely trust, somewhere parents feel confident buying from.”

That philosophy has been central to the company’s rapid growth.

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Spotting the opportunity

When Harry and Kelly-Jo first acquired Millie & Jones, the business was still in its early stages. The website was basic, the brand identity was underdeveloped, and only a modest number of orders were being placed each month.

But Harry believed the business had significant potential.

With more than a decade of experience in ecommerce and digital marketing, he recognised that the children’s furniture sector was ripe for a specialist brand focused on quality and customer experience.

“The products themselves were good, but the business needed direction,” he explains. “It needed stronger branding, better digital infrastructure and a clear vision for growth.”

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The first major step was rebuilding the website from the ground up. The new platform prioritised clear product information, easier navigation and a more polished brand experience for customers.

At the same time, the company began investing heavily in its digital presence, including SEO, paid advertising and detailed buying guides designed to help parents choose the right beds for their children.

The results were immediate.

Within months, Millie & Jones began attracting significantly more customers, and today the company operates at a seven-figure annual revenue run rate.

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Furniture designed for real families

Millie & Jones specialises in beds designed for growing children, teenagers and guests.

The range includes bunk beds, mid sleepers, high sleepers, day beds, guest beds and storage beds, furniture designed to maximise practicality in modern family homes.

“A child’s bedroom today has to serve multiple purposes,” Harry explains.

“It’s where they sleep, but it’s also where they study, relax, and spend time with friends. So the furniture needs to be practical as well as stylish.”

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Many of the beds feature built-in desks, storage drawers or space-saving designs that help families make the most of smaller bedrooms.

But according to Harry, the products are only part of the story.

Building trust through customer service

From the beginning, Millie & Jones has prioritised customer service as one of the pillars of the brand.

“In furniture retail especially, trust matters enormously,” Harry says. “Parents are buying beds their children will use every day for years, so they need to feel confident in the company they’re buying from.”

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The business focuses heavily on clear communication, reliable delivery and transparent product information.

That approach has helped the company build a strong reputation online, particularly through consistently positive feedback on Trustpilot.

“We read every review,” Harry says. “Customer feedback is incredibly valuable because it tells you exactly what people appreciate and where you can improve.”

For Harry, strong customer experience isn’t simply good practice, it’s the foundation of sustainable growth.

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“If you look after customers properly, word spreads quickly,” he says.

Sustainability at the core

Another defining feature of the Millie & Jones brand is its commitment to sustainability.

The company operates a tree-planting initiative that funds environmental projects around the world.

For every order placed, multiple trees are planted through sustainability platform Greenspark.

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Since launching the programme, more than 12,000 trees have already been planted.

“It’s something we’re very proud of,” Harry says.

“Furniture retail inevitably involves materials and manufacturing, so we wanted the business to contribute positively as well.”

The initiative has resonated strongly with customers, many of whom highlight the programme in their reviews.

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“Customers like the idea that their purchase contributes to something positive,” Harry explains.

“And honestly, seeing the tree counter go up is something we genuinely enjoy.”

A track record of purpose-driven businesses

Millie & Jones is not Harry’s first entrepreneurial venture.

Over the years he has built and scaled several businesses, one of his best-known ventures is Raffolux, an online prize competition platform that has raised hundreds of thousands of pounds for charity through its competitions.

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“That idea of building businesses that contribute positively has always been important to me,” Harry says.

“Commercial success is obviously important, but creating something that benefits people or communities is just as meaningful.”

That same philosophy has shaped the development of Millie & Jones.

A family business at heart

Despite its rapid growth, Millie & Jones remains firmly a family-run business.

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Harry and Kelly-Jo run the company together while raising their own young children, something that strongly influences how the brand operates.

“As parents ourselves, we understand exactly what families care about,” Harry says.

“It’s not a faceless corporate retailer,” Harry adds. “Customers know they’re dealing with a real family business.”

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Qantas agrees to pay $74m over Covid-19 travel voucher refunds

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Qantas agrees to pay $74m over Covid-19 travel voucher refunds

The case relates to cancelled flights during the pandemic, for which customers were given credits instead of cash.

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Sris Sinnathamby on Building Property That Lasts

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Sris Sinnathamby on Building Property That Lasts

Sris Sinnathamby is a Los Angeles–based Real Estate Developer and Investor with more than three decades of experience across Southern California.

He works at the intersection of real estate and hospitality, focusing on overlooked or underperforming assets and turning them into well-run, enduring properties.

His approach is hands-on and disciplined. He operates as an owner, not a distant investor. He looks closely at cash flow, operations, partnerships, and long-term viability. For Sris, success is not about quick wins. It is about durability.

He often says the 2008 financial crisis shaped his thinking. That period reinforced a core belief: cash flow is paramount and long-term thinking is essential. Since then, he has built his work around steady fundamentals rather than market hype.

Sris believes strong leadership in property development requires patience, integrity, humility, and decisiveness. He regularly reviews performance, adjusts based on real data, and focuses on what truly drives results. He values sustainable outcomes over short-term recognition.

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Influenced deeply by his father, Sris carries a values-based mindset into his business decisions. He also believes personal well-being supports better judgement and clearer thinking.

Over the years, he has navigated capital constraints, market shifts, and complex stakeholder dynamics. Through it all, he has remained focused on disciplined execution and creating spaces that stand the test of time.

Sris Sinnathamby on Long-Term Thinking in Property

Q: You have spent more than 30 years in real estate and hospitality. How did your journey begin?

I have always been drawn to building and improving things. Early on, I saw property not just as buildings, but as living systems. They require attention, discipline, and patience. Over time, I focused on overlooked or underperforming assets. I realised that with the right structure and operational focus, those properties could become strong, long-term performers.

Q: What shaped your philosophy as a developer?

My father had a major influence on me. He taught me values that still guide my decisions today. Patience. Integrity. Humility. Decisiveness. In property development, those traits matter. Projects take years. Markets move. You need steady judgement.

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I define success as building things that last while staying aligned with my values and commitments. It is about long-term impact, not short-term wins.

Q: The 2008 financial crisis was a turning point for many in the industry. What did you learn?

The crisis was a hard lesson. It made one thing clear: cash flow is paramount and you must always think long-term. When markets fall, optimism does not save you. Fundamentals do.

After 2008, I focused even more on disciplined execution. I paid closer attention to operational details and financial sustainability. That mindset has stayed with me ever since.

Q: You have mentioned facing capital constraints and market shifts. How did you navigate those periods?

I have faced capital constraints, market shifts, and complex stakeholder dynamics. I overcame them by staying disciplined, surrounding myself with a strong team, and remaining adaptable without losing focus.

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You cannot control the market. But you can control your decisions, your partnerships, and your daily execution. That is where I put my energy.

Q: How do you manage performance across your projects?

I regularly review progress and adjust based on real data. I stay focused on what actually moves the needle. Emotion has no place in operational decisions.

In real estate, small improvements compound over time. That is where sustainable value is created.

Q: What qualities do you believe are essential for long-term success in property development?

Patience, integrity, being humble, and decisiveness are critical. You must listen to others. You must learn continuously. But you also need to make clear decisions when the time comes.

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Sustainable results matter more to me than short-term recognition. Recognition fades. Strong assets endure.

Q: How do you stay grounded during uncertain periods?

Consistent routines help me. Focusing on controllable actions helps me move forward even when outcomes feel uncertain. Markets can be volatile. Discipline keeps you steady.

I also believe continuous learning is essential. Experience teaches you lessons, but reflection and surrounding yourself with smart operators keeps you evolving.

Q: What role does personal well-being play in leadership?

It plays a larger role than many people admit. When personal well-being is strong, decision-making improves and professional success becomes more meaningful. Clear thinking requires balance.

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Q: After three decades, how do you measure success today?

I measure success by durability. Are the properties well-run? Are the partnerships strong? Have we created something that can stand the test of time?

If the answer is yes, then the work has been worthwhile.

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Brent stays above $100, Asian stocks fall

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Brent stays above $100, Asian stocks fall
Tokyo, Mar 13, 2026 -Brent crude inched further above $100 a barrel and stocks fell in early Asian trade on Friday, after Iran vowed to attack oil resources in the Middle East and keep choking the Strait of Hormuz.

Having risen above $100 on Thursday, Brent was up 0.20 percent at $100.66 at around 0020 GMT, while West Texas Intermediate was flat at $95.75.

In Japan, the Nikkei was down 1.4 percent at 53,687.30 points while the Kospi in South Korea fell 2.2 percent to 5,462.97.

With Gulf states slashing production and oil tankers stuck in the Gulf, benchmark oil prices have risen 40 to 50 percent since the United States and Israel attacked Iran on February 28, threatening to curb growth and stoke inflation.

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The Strait of Hormuz, a crucial waterway for crude, remains effectively shut.


Saudi forces intercepted dozens of drones on Friday and Israel came under attack from missiles launched by Tehran.
The International Energy Agency has warned that the Middle East war could lead to “the largest supply disruption” in the industry’s history.But US President Donald Trump wrote on social media that defeating Iran’s “evil empire” was more important than crude prices.

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Courtemanche, Procore Technologies director, sells $3.2m in PCOR stock

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Courtemanche, Procore Technologies director, sells $3.2m in PCOR stock

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American farmers fight high diesel prices ahead of Spring planting season

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MURFREESBORO, Tenn. – Farmers work on notoriously tight profit margins and the high cost to fuel their equipment is another layer of budgeting they have to think about this planting season.

About 20% of the world’s daily oil supply passes through the Strait of Hormuz off the coast of Iran. In retaliation to the U.S. strikes in the Middle East, the Iranian Regime has threatened to attack any vessels that cross the strait.

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The deadlock means higher gas prices globally, including in the U.S.

Farmers are getting ready for spring planting season, one of their most energy-dependent times of year. Will Hutchinson, a Middle Tennessee farmer, said the timing of the Iran conflict couldn’t be worse.

CARGO SHIP STRUCK IN STRAIT OF HORMUZ AMID IRAN CONFLICT

Strait of Hormuz at standstill

About 20% of the world’s oil supply crosses the Strait of Hormuz off the coast of Iran. The Iranian Regime is threatening to attack any vessels that cross the strait without permission.  (FOX / Fox News)

“With the timing of the recent events right here at planting season, it kind of caught us off guard a little bit,” Hutchinson said.

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Hutchinson burns about 500 gallons of diesel fuel every day during planting season. On an average day during the fall harvest, he uses about 1,500 gallons of diesel and 5,000 gallons of liquefied petroleum (LP) gas.

Many farmers are trying to get by with what they already have in storage. Hutchinson holds 20,000 gallons of diesel in two metal tanks on his property. He stores 6,000 pounds of LP fuel just a few steps away.

“If we don’t get some resolution here in the next few months, we’ll burn through that buffer that we have here,” Hutchinson said. 

Diesel tanks on Tennessee farm

Will Hutchinson stores 20,000 gallons of diesel and 6,000 gallons of liquefied petroleum fuel on his farm in Murfreesboro, Tennessee. (FOX / Fox News)

On Wednesday, the national average for a gallon of diesel fuel was $4.83. The price has jumped more than a dollar in less than a month. 

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IRAN THREATENS $200 OIL BARRELS AS US PREPARES MASSIVE RELEASE OF EMERGENCY PETROLEUM RESERVES

Nick Ewen, The Points Guy Senior Editorial Director, said gas prices could keep climbing for several weeks, even after the Iran conflict ends. 

“The big question is how high they could go, and we just don’t know. It depends on how long the conflict drags on and how long the bottleneck in the Strait of Hormuz winds up becoming,” Ewen said. “The bottom line is that there definitely is going to be some pain for anyone trying to fill up their car or their truck at the gas pump for, likely, several additional weeks.”

Diesel pump at Tennessee farm

Many farmers have no choice but to keep spending on diesel as planting season gets closer. Farmers are hoping for an end to the high gas prices brought on by the Iran conflict. (FOX / Fox News)

Hutchinson said budgeting for high fuel prices expands beyond the tractors he operates in the field. He pays for the fuel used at all levels of the supply chain. 

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“We’re getting squeezed on the fuel front for, you know, field operations, and then it’s also on us to move our product to market. Every step of that process has got to have diesel fuel,” Hutchinson said. “It’s catching it at two different angles from the manufacturing cost as well as the transportation cost.”

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In 2023, crude oil made up more than 75% of U.S. petroleum imports, according to the Energy Information Administration. The U.S. exported more than 4 million barrels of its own crude oil the same year.

“If anything, this just really highlights the need for, you know, as much energy independence as possible,” Hutchinson said. “If we can produce as much energy in this country, that helps cushion the blow in times like these.”

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Zumiez Inc. (ZUMZ) Q4 2025 Earnings Call Transcript

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Zumiez Inc. (ZUMZ) Q4 2025 Earnings Call March 12, 2026 5:00 PM EDT

Company Participants

Richard Brooks – CEO & Director
Christopher Work – Chief Financial Officer

Conference Call Participants

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Mitchel Kummetz – Seaport Research Partners
Richard Magnusen – B. Riley Securities, Inc., Research Division
Marcus Belanger – William Blair & Company L.L.C., Research Division

Presentation

Operator

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Good afternoon, ladies and gentlemen, and welcome to Zumiez Inc. Fourth Quarter Fiscal 2025 Earnings Conference Call. [Operator Instructions]

Before we begin, I’d like to remind everyone of the company’s safe harbor language. Today’s conference call includes comments concerning Zumiez Inc.’s business outlook and contains forward-looking statements. These forward-looking statements and all other statements that may be made on this call are not based on historical facts, are subject to risks and uncertainties. Actual results may differ materially. Additional information concerning a number of factors that could cause actual results to differ materially from the information that will be discussed is available in Zumiez’s filings with the SEC.

At this time, I would like to turn the call over to Rick Brooks, Chief Executive Officer. You may begin.

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Richard Brooks
CEO & Director

Hello, and thank you, everyone, for joining us on today’s call. With me today is Chris Work, our Chief Financial Officer. I’ll begin with remarks about our fourth quarter performance and the successful holiday season we just completed before reflecting on our strong full year 2025 results and discussing our strategic priorities. Chris will then take you through the financials and our outlook for fiscal 2026. After that, we’ll open the call to your questions.

We’re pleased with our fourth quarter results, which capped off a second consecutive year of important progress for Zumiez. Q4 results were highlighted by robust full price selling in North America during the important holiday season, which fueled mid-single-digit

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Form 144 Patrick Industries For: 12 March

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Form 144 Patrick Industries For: 12 March

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