PayPal cancels North Carolina expansion

ASSOCIATED PRESS: PayPal withdrew plans to bring 400 jobs to Charlotte, North Carolina, after lawmakers passed a pro-discrimination bill.

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The PayPal announcement is the biggest tangible economic backlash to the state law that more than 100 corporate heads have decried as unfair. They say the law makes it more difficult to attract talent to North Carolina.

“This decision reflects PayPal’s deepest values and our strong belief that every person has the right to be treated equally, and with dignity and respect,” the company said in a statement.

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