In the interest of full disclosure, my son is one of the four developers of Newsflash. I'm proud of the team, who did the work as part of a class project at Mizzou. Last November they were named as one of four finalists in a competition to develop an iPhone app. Earlier this week, Newsflash won the "People's Choice" award in the contest.
The app uses GPS to bring global, national, and local news to your phone. You can customize just about everything--the topic sections, article searches, screen layout, and even the color theme.
Newsflash has an embedded web browser that allows you to read the complete article on your phone without having to leave the application, which makes your news reading faster. I've seen Newsflash in action, and it's really nifty the way articles quickly pop up on the phone screen.
So if you're one of those people that have an awesome iPhone and you need to keep up with the latest breaking news, Newsflash is the app for you. You should try it.
Even people other than his mother have good things to say about Newsflash! PatrickJ at Just Another iPhone Blog says it "may just be the best iPhone news app I’ve seen yet – and I’ve seen, and liked, a lot of them."