Detroit News
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Updated 24 minutes ago
The Boston Bruins defeated the New York Rangers 3-1 to advance to the National Hockey League Eastern Conference final against the Pittsburgh Penguins.
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The Metropolitan Museum of Art has joined the Detroit Institute of Arts in opposing any plan for the Michigan city to sell billions of dollars of museum masterpieces to plug a deficit.
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Updated 44 minutes ago
Anibal Sanchez of the Detroit Tigers came within two outs of throwing the first no-hitter of the Major League Baseball season, striking out 12 and settling for a one-hitter in a 6-0 defeat of the visiting Minnesota Twins.
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Updated 44 minutes ago
James Neal scored three goals and the Pittsburgh Penguins advanced to the National Hockey League’s Eastern Conference finals with a 6-2 win against the Ottawa Senators, wrapping up their playoff series in five games.
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<p>The Metropolitan Museum of Art has joined the Detroit Institute of Arts in opposing any plan for the Michigan city to sell billions of dollars of museum masterpieces to plug a deficit. The Detroit museum has about 60,000 works. With a deficit of $327 million and $15 billion in pension and other obligations, the city "will evaluate all options," says Detroit Emergency Manager Kevyn Orr. </p><p>Here is the Detroit Institute of Arts. Rodin's "The Thinker" contemplates the main entrance.</p> Source: Photograph by Detroit Institute of Arts via Bloomberg
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Results and schedule for the National Hockey League’s 2012-13 Stanley Cup playoffs. All series are best-of-seven. All times New York.
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The New York Rangers beat the Boston Bruins 4-3 in overtime to avoid elimination from the first National Hockey League playoff series between the teams in 40 years.
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Ally Financial Inc., the auto lender majority-owned by the U.S. government, agreed to pay $2.1 billion to avoid lawsuits related to its bankrupt mortgage unit, Residential Capital LLC.
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Reports of the death of suburbia have been exaggerated.
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Detroit’s bond payments are “crushing” the city by hindering spending on public safety and are among the first liabilities that need to be addressed, emergency financial manager Kevyn Orr said.
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Detroit Real Estate
In Detroit, 45 percent of the population rents and the remaining 55 percent are homeowners. And in the past year the Detroit real estate market has seen an 13.6 percent increase in value, with a median sales price of $25,000, according to Zillow.
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