The lawsuit says the church used donations intended for charity on a shopping mall and insurance company. The church has called the claims "baseless."
Ensign Peak Advisors' Tesla position surged 550% in value to $330 million, and its GameStop stake was worth $22 million during the short squeeze.
The Mormon Church’s $US100 billion investment fund cut its positions in Exxon Mobil, Wells Fargo, and Marriott in the first quarter. The church’s investment arm, Ensign Peak Advisors, reported a 21% fall in the value of its stock portfolio to just under $US30 billion in a SEC filing this week. […]
A Mormon who used to work at the investment division of The Church of Jesus Christ of Latter-day Saints alleged in a whistleblower complaint that the religious organisation amassed billions of dollars intended for charitable purposes and dodged paying taxes on them. According to The Washington Post, which obtained a […]
UPDATE: On Monday evening, following community backlash and multiple media reports, Brigham Young University-Idaho announced it would reverse its decison and will now accept Medicaid as a form of health insurance. Brigham Young University-Idaho will not allow its students to enroll in courses if they are insured under Medicaid. Instead, […]
Nine Americans who are members of a Mormon settlement in the Mexican state of Sonora were violently killed while driving to a wedding in another Mormon community in Mexico on Monday. The victims, all women and children, were members of the La Mora community. They were driving to LeBaron, an […]
Portugal defeated Tahiti 5-3 in the FIFA Beach...