Timmons joined Microsoft in 2009, after nearly a decade spent in operations at web portal Yahoo.

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Timmons has spent much of his career working with the data centers where businesses host ever more sophisticated web-based services.

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According to Mr Timmons, this is also less than half the spread demanded for such a loan two years ago.

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NAM's Jay Timmons says that nearly 70% of all manufacturers already pay an individual tax rate and reinvest their income into their businesses.

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Among those expected at Monday's ceremony are Alice Lovejoy Timmons, who was born eight years after the fatal crash and was named in her aunt's memory, and her daughter, Kayla.

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"If you look at every consumer electronics market in the world, there isn't a single other one that isn't dominated by Japanese manufacturers, " says Rick Timmons, managing director of sales at J-Phone, Japan's No. 3 carrier.

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