Here’s a WordPress theme, Portal, that looks similar to the Yahoo homepage. Its a great layout for a news related website in any niche, be it technology or soccer.
Portal theme can also be used for an online magazine website if you update it frequently, as the theme contains multiple content areas on the homepage.
The theme has a content slider on the homepage, and six featured news areas. You can decide what appears in the featured sections from the theme’s options panel.
The theme is advertising ready with multiple built in advertising areas, creates thumbnail automatically, and has all the features of a standard premium WordPress theme like widget areas, tabbed widget, widgetized multi-column footer etc.
Overall, Portal WordPress theme is a great choice for a News or Magazine website.