PRESS DIGEST- New York Times business news - Feb 6

Feb 6 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.

- Some of the largest U.S. banking and business groups on Monday sued three bank regulators over recently-updated fair lending rules, escalating Wall Street's counter-attack against what banks say are overreaching new regulations.

- Yandex NV has struck a 475-billion-rouble($5.24 billion) deal to sell what has been dubbed "Russia's Google" to a group of Russian investors, marking the biggest corporate exit from the country since Moscow invaded Ukraine almost two years ago.

- Snap said on Monday it would cut around 528 employees, or 10% of its global workforce, a sign that the spate of tech layoffs seen in 2023 could persist as firms grapple with economic uncertainty.

- Samsung Electronics Chairman Jay Y. Lee was found not guilty of accounting fraud and stock manipulation by a Seoul court on Monday in a case about a 2015 merger that prosecutors said was designed to cement his control of the tech giant. ($1 = 90.5650 roubles) (Compiled by Bengaluru newsroom)