Well, no. Because it is CNN.
But let's see why not.
1. colour-coding. CNN got rid of that. Colour is bad, I guess
2. breaking news always have to look like crap on CNN because it is used at least once per week, if not x7 per day. Can't invest money into something good-looking that is rarely used.
3. can't use clock. because "live" bug dies so much over on CNN that CNN clock will be sending us back to the past, future and beyond
4. can't use a scrolling thing, because it will mean that RSS feed is going to be obsolete. The horror.
5 . twitter intergration. cnn has that. in all the random places in all the colours of the world.