PayPal withdraws planned N.C. expansion due to anti-gay law

Elizabeth Weise , USATODAY SAN FRANCISCO — PayPal is canceling its planned North Carolina expansion due to the state's new anti-gay law, just two weeks after making the initial announcement. On March 18, North Carolina governor Pat McCrory announced that San Jose, Calif. -based PayPal would build a new global operations center in Charlotte, N.C. The center would have employed 400 people. At the time, PayPal's senior vice president of global operations John McCabe said, "with its strong ties to the financial community and technology savvy talent pool, Charlotte is an ideal fit for this new operations center.” Then on March 23 North Carolina passed a sweeping law that prevents cities and counties from passing rules preventing discrimination against gay, lesbian, bisexual and transgender people. On Tuesday, PayPal CEO and president Dan Schulman announced that the...