news vs news report

news and news report both are nouns.

Word	Noun	Adjective	Verb	Adverb
news	Yes	No	No	No
news report	Yes	No	No	No

As nouns, news report is a hyponym of news; that is, news report is a word with a more specific, narrower meaning than news:

news (noun)	news report (noun)
the quality of being sufficiently interesting to be reported in news bulletins	a short account of the news
information about recent and important events
information reported in a newspaper or news magazine
a program devoted to current events, often using interviews and commentary
informal information of any kind that is not previously known to someone