ArcelorMittal's year on year growth rate is negative over the past 5 years, however the most recent earnings are above average. ArcelorMittal's 1 year earnings growth exceeds its 5 year annual average (156.8% vs -4.1%) ArcelorMittal's earnings growth has exceeded the US Metals and Mining industry average in the past year (156.8% vs 47.5%).
Bicycle Invention. In 1817, Karl Drais von Sauerbronn invented the first bicycle invention named the Laufmaschine. He invented his bicycle as an alternative to riding horses. Running Machine.The Laufmaschine, which means Running Machine was a dual-wheeled bicycle that was made entirely of wood, including the wheels.n 1817, Karl Drais von Sauerbronn invented the first bicycle invention named the Laufmaschine. He invented his bicycle as an alternative to riding horses.
The first transport that resembled the modern bicycle was the running machine (Laufmaschine) invented in 1817 and patented in 1818 by Karl von Drais, a German Baron. The English name was the draisine, and it consisted of a seat between two wooden wheels, which one could push along, then coast.