I’m not entirely sure yet but I’d advise some steps to be followed to get things up and running:

1. Decide what the News would report on.

2. Decide how you would lay out your posts, would it just be text and provided evidence or would you create unique art with a news-headline and background with something going on.

3. Lay out some group rules, links to News articles and general information regarding this project.

I’d be happy to help where you may need it, design is something I’d quite like to take a look at further as well.