Newspress is a simple but powerful WP theme for online magazines. It uses minimalist design that puts your content, articles and pictures into focus. The theme is ideal for informative blogs, online journals, magazines and other similar sites. It uses a featured news section, featured images and Flash news ticker.
This free news WordPress theme allows you to adjust your timezone or select categories for the "Flash News Ticker" and "Featured post" section. The theme also comes with widgetized sidebar and footer.