It was about two years back, Google News started providing Youtube news videos in it.
Now it is time for the vice versa. You can watch the news videos on Youtube. It was already possible to search for a particular news video in youtube, or following some link to watch the news videos from Youtube. But now you can directly goto Youtube.com/NEWS, and browse for latest news videos, pass your time, as well as know the news.
For Site owners, Youtube News videos can be embedded easily, following this link.
Associated Press, CBS News, ITN News,and more local news providers have official channels in Youtube.