If newfile already existed, it would be overwritten. You can spiff up the format of a print job with the pr command. Options are on page 156. You copy files with the cp command. This creates a duplicate file.
Syntax is cp sourcefile newfile.
Options are on page 159. This does not create a new file, it just moves or renames an existing file. It's often used so that you can type in one word to refer to a long, involved pathname. Syntax is wc filename. The options are on page 165.