Live news feed for iPad?
The best way I can think of to do this is to use Tweetdeck.  Tweetdeck scrolls tweets as they come in.


Create a new twitter account eg joshhnews
Add your RSS feeds to this TwitterFeed service (free), and link it to the new twitter account
In TweetDeck follow this new Twitter account.


You will then see the news stream through live with clickable links to the articles etc.

Hope this helps.