The U.S. economy was revised to grow faster than expected in the second quarter due to strong consumer spending and robust business investment.Gross domestic product rose at an annualized 3.0 percent in the second quarter, the fastest pace in more t..

Koninklijke Philips N.V. (NYSE: PHG), or better known as Philips, a Dutch technology company focused in electronics, healthcare, and lighting, has agreed to buy Spectranetics Corp. (NASDAQ: SPNC), a US based medical device company, for $1.7B euros t..