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.
1937 Otto Bayer discovers polyurethanes The invention by the chemist â who is not related to the family that founded the Bayer Group â revolutionizes the chemical industry, but his discovery is by chance. After mixing two chemical substances, Otto Bayer succeeds in synthesizing the first polyurethane foam.937 Otto Bayer discovers polyurethanes The invention by the chemist â who is not related to the family that founded the Bayer Group â revolutionizes the chemical industry, but his discovery is by chance. After mixing two chemical substances, Otto Bayer succeeds in synthesizing the first polyurethane foam.