The markets traded lower during the midday with the Dow losing 8 points to 20,998. Nasdaq slipped 2 points to 6,098.

Cable companies Comcast and Charter partnered together to develop a wireless service business. While the companies will sell their branded wireless services independently, they will collaborate on back office operations such as customer billing. The agreement may also lead to the joint development of wireless technology in the future.

Bumble Bee Foods will pay a fine of $25 million for conspiring to fix the price of canned and pouch tuna. The Department of Justice accused Bumble Bee of price fixing beginning in early 2011 through the end of 2013. The seafood company will plead guilty to the charges and said that it will act with integrity and transparency going forward.

Comcast introduced its new Xfinity xFi app which will allow Xfinity customers to expand and monitor their wireless networks. Parents will be able to monitor which devices are connected to their home network and establish wifi access times for each device. The troubleshooting capabilities will allow customers to fix many of their own network problems while also improving the ability of Xfinity to resolve issues remotely.

The broader S&P 500 index eased a point to 2,397. Bitcoin surged $73 to $1586.