Shares of retailers and other consumer-services companies fell amid fears that a tariff fight would push up the prices of a range of goods in U.S. stores. Carrier WestJet Airlines agreed to a buyout from Canadian investment firm Onex valued at 3.53 billion Canadian dollars ($2.63 billion). Bed Bath & Beyond Inc. Chief Executive Steven Temares has stepped down from his role with the struggling retailer after facing pressure from a trio of activist investors over the company's performance in recent years. Glasses giant EssilorLuxottica and its main shareholder Delfin signed a settlement agreement and that all legal disputes between them will be dropped. EssilorLuxottica Chairman Leonardo Del Vecchio and Vice-Chairman Hubert Sagnieres agreed to give powers to the chief executives of the Essilor and Luxottica businesses in an effort to streamline the merged entity.
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