The word "news" means information or reports about recent events.
This is the etymological history of the word:
1382, plural of new (n.) "new thing," from new (adj.); after Fr. nouvelles, used in Bible translations to render M.L. nova (neut. pl.) "news," lit. "new things." Sometimes still regarded as plural, 17c.-19c. Meaning "tidings" is 1423; newspaper is first attested 1670, though the thing itself is much older. Newsreel was first recorded 1916; newscast is from 1930. Newsletter is attested from 1674, but fell from use until it was revived 20c. Newsworthy first attested 1932.
As you can see, it is a very old usage.