Radians: Excellent choice. How would you do it any ohter way? You DO know that radians are just numbers? It's not actually a unit, right?
Newton's Method: Okay, that should work. Do you know what it is?
1) Did you draw a picture. My quick sketch suggests we have some symmetries and the optimal rectangle is likely to be centered horizontally at the Origin. Among other thing, we need to look only on [0,pi]. Why is this?
2) Pondering the picture, the area of any inscribed rectangle would be:
----- Width: 2x
----- Height: 4cos(x/2)
3) Finish up! Let's see what you get.
Note: You must learn to ask youself questions so that you can get started yourself. What do I know? What does it want? Can I visualize it? What relationships exist? What conditions must be met?