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Google's Stock Closes Above $1,000

Google's stock closed at $1,011.41 today, joining an exclusive, over-$1,000 club that includes and Seaboard Corp., which produces turkey and hogs.

The rally for the world's largest search engine, Bloomberg reports, comes on the heels of optimism about the company's advertising offerings.

Bloomberg reports:

"Google is expanding its advertising in other ways, including working with direct rivals such as Facebook. Customers of its DoubleClick Bid Manager, which helps companies quickly buy ads across the Internet, will soon get access to the Facebook Exchange, Google said today. The feature, available to Google clients in the next few months, will let marketers target Facebook users based on their browsing.

"The campaigns and other initiatives should help average ad prices recover in the next year or so, according to Victor Anthony, an analyst at Topeka Capital Markets Inc.

"'The results clearly demonstrate that Google remains kind of the best of breed, best of class in the online advertising space, really within the Internet space itself,' Anthony said."

The New York Times reports much of the growth in advertising sales for Google comes from mobile devices. Clicks on desktops have remained flat, while phone clicks doubled and tablet clicks were up 63 percent.

"Much of the growth in mobile was initially in the developed world, where ad prices are generally higher," the Times reports. "As the use of smartphones and tablets spreads into developing economies, the revenue per user is likely to drop, affecting overall profits unless Google can grow even faster in these markets."

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The Music And Legacy Of Motown

Motown founder Berry Gordy and director Charles Randolph-Wright of “Motown the Musical" join Diane for a conversation about the history of Detroit's famous sound.

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Will Montgomery County Go "Bottoms Up" On Liquor Laws?

Since Prohibition, Montgomery County has held the purse strings on liquor sales, meaning the county sells every drink from beer to bourbon to local bars and restaurants. But local business owners are pushing back from this system, claiming it lacks efficiency and leaves customers waiting. County officials say they are holding out for alternatives that protect those within the industry. We discuss both sides of the issue today.

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Exelon's Chief Strategy Officer On Its Proposed Takeover Of Pepco

Kojo chats with Exelon's chief strategy officer about the company's vision for electric service in the Washington region, and its argument for why its acquisition of Pepco is in the best interest of customers.

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Computer Guys And Gal

Another year is coming to a close and the Computer Guys And Gal are here to discuss this year's biggest technology news, including the growth of virtual reality and the "Internet of Things."

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