“We are committed to trying to make sure [the rates] are as adequate as possible,” said Daniel Tsai, assistant secretary for the state’s Medicaid program.

Kayana Szymczak/Globe Photo/File 2015

“We are committed to trying to make sure [the rates] are as adequate as possible,” said Daniel Tsai, assistant secretary for the state’s Medicaid program.

Program to manage care of poor, disabled sustains losses

The financial losses deal a setback to the state’s efforts to control rising medical spending through more coordinated care. By Priyanka Dayal McCluskey

//c.o0bg.com/rf/image_90x90/Boston/2011-2020/2015/07/31/BostonGlobe.com/Business/Images/tlumacki_draftkings_business619-4621.jpg An uncertain line between fantasy sports, gambling

Lawsuits are targeting the Boston-based company’s marketing as the industry tries to upend prohibitions on betting.

App Smart

//c.o0bg.com/rf/image_90x90/Boston/2011-2020/2015/08/03/BostonGlobe.com/Business/Images/200_goal_com_app.jpg Putting the pitch in the palm of your hand

There’s a big list of apps to help people learn more about soccer and to follow news about the game on their phones.

BetaBoston

//c.o0bg.com/rf/image_90x90/Boston/2011-2020/2015/06/16/BostonGlobe.com/Business/Images/90x90-Beta-Boston.png

Want to keep up with the news that matters from Boston’s innovators? Get coverage of apps, biotech, computing, data, and everything else.

Latest Business headlines

Bold Types

Akamai lands a top media executive for its board

When Akamai Technologies’ board of directors met in Cambridge earlier this month, there was a new face at the table. But it was a familiar one.

Oil in Europe tumbles below $50 a barrel as Iran vows to boost production

Brent oil dropped below $50 a barrel for the first time since January as Iran vowed to boost production immediately after sanctions are lifted and manufacturing in China slowed.

Massachusetts gas prices fall 6 cents a gallon

Massachusetts gas prices have hit their lowest prices since the beginning of May, falling to $2.58 per gallon.

Live updates

Cambridge taxi drivers strike to protest Uber, Lyft

Taxi drivers said they would hold a rally outside City Hall and that they would refuse to pick up fares during the day.

Ex-trader given 14 years for Libor manipulation

Former UBS Group AG and Citigroup trader Tom Hayes is the first person to stand trial for manipulating the benchmark rate.

Stocks plunge in Greece as Athens exchange reopens

Niki Kitsantonis reported from Athens, Greece, and Jack Ewing from Frankfurt, Germany.

Puerto Rico agency poised to default on $58m bond payment

A Puerto Rico agency is poised to default Monday, initiating a clash with creditors as the struggling commonwealth seeks to renegotiate its $72 billion debt load.

US consumer spending edges up in June

Consumer spending in June rose by the smallest amount in four months as shoppers cut back on purchases of cars and other big-ticket items.

Shirley Leung

Leung writes a business column every Wednesday and Friday. Previously she served six years as the business editor overseeing daily and Sunday coverage.