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13 Apr 2016

Jon Swartz and Elizabeth Weise, USA Today

USA: PayPal cancels North Carolina expansion plan due to anti-gay law that violates company policies

"PayPal withdraws planned N.C. expansion due to anti-gay law", 6 Apr 2016

PayPal is canceling its planned $3.6 million North Carolina operations center due to the state's new law preventing cities from banning discrimination against lesbian, gay, bisexual and transgender people, just two weeks after it announced the investment...On Tuesday, PayPal CEO and president Dan Schulman announced the electronic payment company was withdrawing its plans to build the center because, he said, the new law perpetuates discrimination and violates the values and principles at the core of PayPal’s mission and culture. Locating in a state "where members of our teams will not have equal rights under the law, is simply untenable," Schulman said...PayPal, which has no presence in the state, is the second company to take its business from North Carolina due to the new law...[Also refers to Braeburn Pharmaceuticals, Lionsgate]