Billionaires and businesses fuel growing exodus from blue states

A growing number of billionaires, CEOs and major corporations are relocating from blue states to red states, pointing to lower taxes, fewer regulations and a friendlier business climate.

The trend has picked up in recent years and shows no clear signs of slowing.

Several well-known companies have recently moved or announced plans to move their headquarters:

The tech firm announced in February that it moved its headquarters from Denver to Miami.

The energy giant said this...