"News Night" anchor Will McAvoy returns to work after a public meltdown to find most of his staff has jumped ship, but new hires help steer the show when news of a catastrophe breaks in the spring of 2010.

As Election Night 2012 winds down, Will and Charlie await a decision from Reese that may impact their future at ACN, and that of the entire senior staff. Sloan learns the identity of the anonymous winning bidder for her book; Don discusses a countersuit against Dantana with Rebecca; Will has a revelation while Charlie shares his. Season two finale.

Rebecca pieces together the events leading to ACN's decision to air Dantana's special report on Operation Genoa; repercussions from the special report threaten to ruin "News Night."

Mac is shaken by a potentially devastating revelation from gossip columnist Nina Howard. Meanwhile, Sloan mulls a new job opportunity. Neal's Internet alias could prevent a catastrophe. Will, Mac, and Charlie confront Leona and Reese during a volatile lunch meeting.

Will becomes tabloid fodder after a confrontation with a gossip columnist on New Year's Eve, which threatens to undermine his credibility on a current news investigation. Meanwhile, Don urges Maggie to set Jim up on a date with her roommate. Mac's boyfriend pitches a story about the government's inability to prosecute financial crimes. Neal tries out his Bigfoot theory on anyone who will listen.

A sudden death leads Will and Mac to ponder the milestones that transformed the newsroom, and look ahead towards ACN's uncertain future. Maggie lands a field-producer interview in Washington. Neal's digital site is shut down for repairs; Leona offers sage advice to Pruit.

Incarcerated for contempt, Will refuses to reveal the name of Neal's government source. Appearing to embrace Pruit's mandate to capture younger viewers, Charlie orders a reluctant Don to track down principals in a sexual-abuse case at an elite college. Sloan voices her objection to a new digital site built by Neal's replacement, Bree. Stranded in a Moscow airport, Jim and Maggie look to land seats for a Cuban-bound plane, hoping to interview one of its high-profile passengers.

With Rebecca again tasked with defending ACN in a possible lawsuit, Will tries to protect Neal from the fallout over the DOD leak. Charlie and Leona enter the fray of a hostile-takeover gambit involving Reese's half-siblings. Sloan fears Don may be guilty of cashing in on insider information. Maggie ponders the ethics of eavesdropping. Hallie pays a price for a late-night tweet.

Will and the "News Night" staff are questioned by their lawyer about a story they've aired that's become a network crisis. An on-air remark by Will has him pulled from 9/11 anniversary coverage. Jim volunteers to cover for an embed reporter on the Romney campaign and Neal investigates the beginnings of Occupy Wall Street.

Mac and Charlie score a key witness, a retired Marine general, in their attempt to corroborate Jerry's Operation Genoa story. Will follows Nina's lead to soften his image by making an impromptu appearance on a morning talk show. Jim gets unexpected company during his reunion with Hallie, who's in town to cover a Romney rally.

Will is distracted during his telecast by a phone call and an unflattering Twitter post. Charlie gets a visit from a longtime friend at the Office of Naval Intelligence, who has knowledge of Operation Genoa. Sloan phases from humiliation to rage following a revenge posting. The newsroom traverses the slippery slope separating fact from fiction.

MacKenzie takes charge of the revamped "News Night" and lobbies economist Sloan Sabbith to file a nightly financial report. Meanwhile, Jim takes responsibility for Maggie's mistake. Charlie puts a halt to Reese's meetings with Will. A confidential breakup story is a secret no more.

The ratings for "News Night" plummet after it downplays a pair of sensational stories, and Will and Mac must find a way to lure back enough viewers to justify the network's quest to air a Republican debate. Meanwhile, Will considers writers for an all-access profile. Sloan is disappointed by the lack of coverage of an important financial story. Charlie learns a National Security Agency whistle-blower's identity.

A tip on a story that will ultimately cripple the network starts to become more real. Mackenzie and Sloan continue to push Will on drones as Don urges Will to advocate for Troy Davis. Maggie is un-friended by her roommate, but gets the assignment she's been begging for. Neal gets arrested on Wall Street.

Maggie tries to convince Rebecca that she’s fine following her shattering trip to Africa with Gary. An Occupy Wall Street protester with a Black Op lead refuses to cooperate with Neal and Jerry after an on-air interview with Will goes poorly. Jim lands Hallie a one -on-one, but gets heat from Mac as a result.

Will's apology for the lack of integrity in newscasts sets off constant critiques of the Tea Party before the November 2010 midterm elections, but draws the ire of network executives and Atlantis World Media CEO Leona Lansing. Meanwhile, Don confronts Elliot about his analytical skills. Jim helps Maggie during a panic attack. Mac is unnerved by Will's endless parade of romantic conquests.