Most of what's in a newspaper is junk food, but there are very worthy parts: I find columns in NYT by Krugman, Brooks and Douthat to be thought-provoking even if I don't agree. And I find feature pieces of social or economic trends to be enlightening and helpful in terms of understanding people and the workings of our world.
You might not find such understanding of people and of the world to be worthy goal in itself, but even so such an understanding is useful as a framing device or an anology store for general reasonsing. In the same way that a mastery of philosophy has value as a reasoning device.
And, there is the value as source of inspiration: pointers towards topics to read up on or ideas to incorporate into one's life/work
I think what Irving was going for was less about news being worthless in the sense of the content being garbage, but rather that the distractions introduced into ones life by caring about national/world affairs of which we as individuals have little impact come at a great cost to our reserve of emotional energy.
You might not find such understanding of people and of the world to be worthy goal in itself, but even so such an understanding is useful as a framing device or an anology store for general reasonsing. In the same way that a mastery of philosophy has value as a reasoning device.
And, there is the value as source of inspiration: pointers towards topics to read up on or ideas to incorporate into one's life/work