Walter Burns, the hard-boiled editor for The Morning Post, learns his ex-wife and former star reporter, Hildegard "Hildy" Johnson, is about to marry insurance man Bruce Baldwin and settle down as a housewife in Albany. Walter, determined to sabotage these plans, entices a reluctant Hildy to cover one last story: the upcoming execution of Earl Williams, a shy bookkeeper convicted of murdering a policeman. Hildy agrees on the condition that Walter buy a $100,000 life insurance policy from Bruce so he can receive a $1,000 commission. In the meantime, she bribes the warden to let her interview Williams in jail. Williams says he shot the police officer by accident.
Walter does everything he can to keep Hildy from leaving, first accusing Bruce of stealing a watch, forcing Hildy to bail him out of jail. Exasperated, Hildy quits, but when Williams escapes, her journalistic instincts take over. Walter frames Bruce again, and he is immediately sent back to jail. Hildy realizes that Walter is behind the shenanigans, but she prioritizes covering the rapidly escalating Williams story over bailing Bruce out again.
Williams sneaks into the deserted press room and holds Hildy at gunpoint; the lure of a big scoop proves too tempting for her to resist. Williams's friend Mollie comes looking for him. When the other reporters return, Hildy hides the fugitive in a rolltop desk. Mrs. Baldwin, Hildy's future mother-in-law, enters and berates her for the way she is treating Bruce. Upon being harassed for Williams's whereabouts by the reporters, Mollie jumps out of the window to escape. The reporters rush out, saving Williams from being found. Walter arrives and has his henchman Louie kidnap Mrs. Baldwin.
Bruce comes into the press room, having wired Albany for his bail and asking for his mother's whereabouts. Hildy is so consumed with writing the story that she hardly notices; Bruce realizes his cause is hopeless and leaves. A disheveled Louie returns, revealing that he had hit a police car while driving away with Mrs. Baldwin and is unsure if she survived in the accident.
Meanwhile, the crooked mayor and sheriff need the publicity from the execution to keep their jobs in an upcoming election, so when a messenger brings them a reprieve from the governor, they try to bribe the man to go away and return later, after it is too late.
After Williams is discovered in the desk, Walter and Hildy are handcuffed by the sheriff. However, the messenger returns with the reprieve, just in time to save Williams from the gallows. Walter uses the messenger's statements to blackmail the mayor and sheriff into releasing him and Hildy. Hildy receives a call from Bruce, again in jail because of counterfeit money that was unknowingly transferred to him by Hildy from Walter. Hildy breaks down and admits to Walter that she was afraid that he was going to let her marry Bruce without a fight.
After bailing Bruce out of jail again, Walter asks Hildy to remarry him and promises to take her on the honeymoon they never had in Niagara Falls. Then Walter learns that there is a strike in Albany, which is on the way to Niagara Falls. Hildy agrees to honeymoon in Albany, accepting that Walter will never change.
