"release news" is correct and can be used in written English.
Typically, the phrase is used to describe the official announcement of some news or information - usually news that has been anticipated or eagerly awaited by some group of people. For example, "The company issued a press release with news that the long-awaited product would be released in three days."
Markets are relatively flat this morning, with companies waiting to release news until after the New Year's holiday.
Dow Jones recently announced the creation of DJ Dominant, a program that will release news articles two minutes early to subscribers who pay more.
It is the second time that Siebel has run afoul of the agency's Regulation Fair Disclosure, which forbids companies to release news selectively.
The Nation's David Corn writes on his personal blog, "Why did the White House not release news of this shooting accident for 24 hours?
Trading in AremisSoft had been stopped since Monday, when the company asked for a temporary halt so that it could release news.
I urge Representative Peterson to ask Havana to release all 200 political prisoners, not just the 52 Cuba has said it will release (news article, July 8), and allow them to stay in Cuba if they wish, before we even consider releasing millions of tourist dollars into Cuban government coffers.
In his post-release news conference, Mr. Zeidan pointed out that armed protesters routinely force their way into his office, demanding money or jobs.
Southern Metropolis News, a widely read daily, said in an online commentary that delays in releasing news would only encourage rumours.
Kevin Durant released news of his deal with the Oklahoma City Thunder on his Twitter feed, where he often interacts with fans.
In today's pre-release news, BGR has got his hands on a crystal clear image of an unidentified Acer smartphone.
The stock jumped higher after the company released news of positive test results for its highway surveillance system.
