Here is a counterintuitive thought: The less news one pays attention to the more informed one will be. In fact, just reading the headlines on any RSS news feed is more informative than actually reading the articles they link to. It should only take one sentence to report any news artifact -- who, what, where, when.
My biggest issue with news reporting is why we should care about some spot on the other side of the world that we have never been to. It's information overload. It is my belief that the instant availability of information has turned us into a culture of busybodies.
The news these days is not about reporting facts but rather about swaying popular opinion.
Mainstream news is the worst and should be avoided altogether.