Business | Many corporations that denounce bathroom protections and religious liberty laws cash in on millions in state subsidies. Is losing their business really such a loss for states?
by Jamie Dean
Posted 4/29/16, 01:00 am
CHARLOTTE, N.C.—When the North Carolina legislature passed a law designed in part to protect the right of private businesses to maintain a policy of sex-segregated bathrooms, the corporate backlash was apoplectic.
PayPal CEO Dan Schulman axed plans on April 5 to open a new operations center in Charlotte, saying the law discriminated against transgender and gay residents. Deutsche Bank froze plans to add 250 jobs to its technology subsidiary in Cary, N.C.