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.
A.S. Wieners with 1887 Rudge Racing bicycle. The origins of the bicycle are shrouded in mystery. It is not possible to attribute its invention to any single person. Still, what is clear is that the early ancestors of the modern bicycle were in use by the early 1800s. In 1817, Charles, Baron von Drais, of Sauerbrun, devised a front wheel capable of being steered.