Well, at least we're getting closer in time. But when they say things like: "90 percent of U.S. news media — the traditional outlets that employ full-time reporters — are controlled by six corporations. ", see my first point.
As for the other "big stories", what qualifies as a "big story" is in the eye of the beholder. And, news products are here to make money for their owner. As such, they need to "pander" to what their audience wants. Look at what
@BrianL mentioned about Japanese coverage of the Earthquake... "incredibly dry". People will CLAIM all they want is the "facts", but they actually watch the "splash".