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Warren Buffett, CEO of Berkshire Hathaway, and his new partner, Larry Van Tuyl of the former Van Tuyl Group, talked about Buffet's recent acquisition of the privately held auto dealership group.

The recent acquisition by Buffet made him the fourth-biggest auto dealer in the United States.

Becky Quick, CNBC, Squawk Box' co-host, even moderated an audience question and answer. She even asked some questions of her own.

Quick steered Buffet into other, far-ranging topics, from fiscal policy to the proliferation of nuclear weapons.

Quick asked Buffet when the plan of entering into the car business came to his mind. In a sarcastic reply, Buffet said he wish about owing everything.

Earlier, Etsy, peer-to-peer e-commerce website focused on selling handmade or vintage items and supplies, declared its intentions to go public. The company filled its S-1 form with the Securities and Exchange Commission earlier this month. The company said that it has planned to raise $100 million.

Now, the company has updated its filing with more specifics about the potential price. According to Etsy, it is looking to price its share at between $14 and $16. According to the company, it has planned to sell about 16.7 million shares, which would allow it to raise more than $266 million in its public offering.

Charter Communications has announced that it will buy Bright House Networks for $10.4 billion.

Bright House is the sixth biggest and serves approximately 2 million video customers in central Florida, as well as Alabama, Indiana, Michigan and California.

Connecticut-based Charter, which is currently the fourth-largest cable operator in the United States, said that it would become the second-largest cable operator after the deal. Shares of Charter jumped 7.5% to $197.18 in morning trading.

The pay-TV model struggled as consumers have turned away from more-traditional forms of pay television toward Internet-based entertainment services such as Netflix and Amazon Prime.

Industry experts stated that new regulations framed to cap vapor pressure of North Dakota crude failed to account how it behaves in transit.

This failure has raised concerns about whether the state's much-anticipated rules will make oil train shipments safer, they said.

High vapor pressure has been identified as a possible reason in the fireball explosions witnessed after oil train derailments in Illinois and West Virginia in recent weeks.

For over a year, federal officials have warned that crude from North Dakota's Bakken shale oilfields contains a cocktail of explosive gas known in the industry as 'light ends'.

The surveys done on China's factory and services sectors have shown stubborn weakness in the world's second-biggest economy in March. This has supported the fact that Beijing will have to roll out more policy support to avoid a severe slowdown.

According to three different surveys, Chinese companies shed jobs last month due to their struggle with soft demand and deflationary pressures.

This has suggested that in the first quarter of 2015, the economic growth may have slipped below 7%, which would be the weakest in six years.

Zhang Zhiwei, an economist at Deutsche Bank in Hong Kong, said, "We expect first-quarter growth to drop to 6.8 percent and the government might start easing policies significantly in the second quarter".

Researchers conducted a study on the diet of urban ants. Clint Penick, a postdoctoral researcher at North Carolina State University, travelled to Broadway to collect specimens.

Penick was trying to find out whether city ants, like their human counterparts, were eating a junk food-heavy diet. The answer came out to be yes, as some of them are, finds the study published in the journal Proceedings of the Royal Society B.

The study came to know that like humans, ants have nuanced eating habits. Researchers came to know that a diet heavy in grasses like corn and sugarcane will be reflected through the presence of carbon-13, a carbon isotope.