Yahoo! News: Religion News

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Pope remembers victims of Asian calamities Posted: 12 Aug 2012 05:41 AM PDT Pope Benedict XVI has remembered the victims of Iran's violent quake as well as those impacted by unusually heavy rains in the Philippines and China.

Insight: Mormon church made wealthy by donations Posted: 12 Aug 2012 04:01 AM PDT SAN FRANCISCO (Reuters) - If the Mormon church were a business, wealthy adherents like Mitt Romney would count as its dominant revenue stream. Its investment strategy would be viewed as risk-averse. It would also likely attract corporate gadflies protesting a lack of transparency. They would call for less spending on real estate and more on charitable causes to improve membership growth - the Mormons' return on investment. Those are a few of the conclusions that can be drawn from an analysis of the church's finances by Reuters and University of Tampa sociologist Ryan Cragun. ...

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