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Coffee giant on hunt for new president
Dunkin' Brands, the parent company of Dunkin' Donuts and Baskin-Robbins, announced that Paul Twohig, president, Dunkin' Donuts U.S. and Canada, 62, has decided to retire at the end of first quarter 2017.
Dunkin’ plans to name a successor before the end of the year and said it is currently conducting a search which will consider both internal and external candidates.
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Facebook soars in Q1; ad revenue up 57%
The world’s largest social media network showed its chops in the first quarter, reporting impressive increases in revenue, earnings and users that shattered analysts’ expectations.
Facebook reported $2.2 billion in profit for the quarter, ended March 31, up from $1.8 billion in the year-ago period. Revenue totaled $5.38 billion, up 52% over the year ago period.

