Retail Investing. The retail securities industry heavily distributes its products and advice through a broker. The brokerâs job is make recommendations to clients, and then close the transaction between his or her client and the market. For managing this transaction, brokers generally get paid a commission based upon how much product they transact.
At about the same time, a German named Gottlieb Daimler invented another kind of motorcycle. Nicholaus Otto, who invented the Otto Cycle, had an assistant, Gottlieb Daimler. Daimler left Otto to develop his own engine.
The Greek inventor Hero invented a steam turbine, the aeliopile, sometime around 40 or 50 AD. Thomas Newcomen (1664-1729) was the English inventor (1712) of a practical piston steam engine, initially used to pump water from mines.