There are lots of ways to consume the news on iPhone and our newest applist, Apps For News Junkies, should help you find the best way that fit your needs.
Download one or download them all.
Let us know if there's an app you think we should include on the list. I should put a caveat here, though. I didn't want the list overwhelmed by RSS Readers so I just put Byline. There's are many others out there and if you use one of those you probably have a good reason. Feel free to let me know why in the comments, but it'll need to be a pretty compelling case for me to add it to a list.
Check out the list here