Princess featuring in American newspapers (4)
I believe the answer is:
anne
'princess' is the definition.
(Princess Anne, daughter of Queen Elizabeth)
'in american newspapers' is the wordplay.
'in' indicates a hidden word.
'ANNE' can be found hidden inside 'american newspapers'.
'featuring' is the link.
(Other definitions for anne that I've seen before include "Female name" , "- - of Cleves" , "Green Gables girl" , "Queen's name" , "British queen" .)