June 8, 2002

US Airways Unions Fail To Agree on Concessions US Airways and its unions negotiated throughout the week on concessions by workers, but labor leaders said they were dissastisfied. David N. Siegel, left, the chief executive, is seeking to cut $950 million in annual labor costs for a revamping plan. The airline must submit that plan to the federal government by June 28, the deadline to apply for $1 billion loan guarantees. [Page C2.]

Michael C Skakel is convicted of murdering Martha Moxley, 15-year-old friend and neighbor, 27 years after she was found bludgeoned to death outside family's home in Greenwich, Conn; faces sentence of up to life in prison; appears stunned as verdict is read in State Supreme Court in Norwalk, ending three-and-a-half-week trial at which no direct physical evidence tying him to crime was presented; victims mother, Dorothy Moxley, and brother John praise verdict; defense lawyer Michael Sherman expresses disappointment and vows to appeal; insists on Skakel's innocence; verdict is huge victory for lead prosecutor, Jonathan C Benedict and co-counsels, Christopher Morano and Susann Gill, who seemed to struggle until Benedict's dramatic closing arguments; is triumph for Frank Garr, lead investigator on case since 1995, who doggedly pursued Skakel after decades in which predecessors focused on other subjects; sentencing set for July 19; photos (M)

Mayor Michael R Bloomberg releases hundreds of pages of financial disclosure documents for 2001, but they are quite short on specific figures; city officials are allowed to use letter of alphabet that corresponds to range of amounts in their financial disclosure reports, and Bloomberg uses 'G' -- meaning $500,000 or more -- to report his taxable income, total federal tax deductions, stock portfolio and other items; number of companies he is invested in have substantial presence in New York City and may negotiate with city agencies, and city's Conflict of Interest Board has not yet reached verdict on whether any of these holdings represents potential conflict for Bloomberg (M)

Xcel Energy has sent documents to Federal Energy Regulatory Commission suggesting that competitors Mirant, Duke Energy and Williams Companies may have schemed to drive up price of power in California; documents are part of Xcel's response to demand by commission that 150 energy companies disclose whether their traders used any of market manipulation techniques outlined by Enron lawyers in memos that were released last month; companies deny any improper behavior in California; Moody's Investors Service lowers its ratings on $13 billion of Williams's secured debt; El Paso Corp, Williams and Duke confirm they have received informal requests for information from Securities and Exchange Commission about trades that may have inflated revenues without any other economic benefit, so-called round-trip or wash trades; photo (M)

Clyde Haberman column reports that New York Racing Association is counting on War Emblem to win Belmont Stakes and capture Triple Crown, hoping it may have some spillover effect on track attendance; notes that there were only 3,724 people at Belmont on recent afternoon, most of them over 65 (M)